Trans Hex Group Announces Exclusive Diamond Tender and Auctions Platform in DMCC, Dubai

Trans Hex Group, a distinguished leader in the onshore and offshore diamond mining industry, wishes to announce that given the successful completion of its most recent Namibian Marine diamond tenders in Dubai and the subsequent receipt of widespread positive customer feedback on these tenders, that it will be selling, mine to market, all of its Marine and Land production in Dubai going forward. These tenders will be facilitated, through its secure online tender platform, by Trans Hex Auction & Tenders (TAT DMCC).

Exclusive Tender of Original Diamonds

TAT DMCC will present highly curated assortments of original diamonds from Namibia, South Africa and Angola for tender, featuring a range of exceptional stones known for their unparalleled quality and uniqueness. This exclusive tender represents an extraordinary opportunity for manufacturers, traders, retailers and industry professionals to acquire diamonds, directly from a reputable miner, that epitomize brilliance and rarity. Additionally, TAT DMCC will also focus on securing and sourcing goods from other mines and offer them as part of a wide variety of goods from all ranges to its varied clients. Dubai, known for its vibrant diamond market and strategic location, provides the perfect backdrop for the launch of this exclusive platform. With its reputation for innovation and luxury, Dubai aligns seamlessly with Trans Hex Group’s mission to set new industry standards.

Marco Wentzel, CEO of Trans Hex Group, commented: “We are thrilled to offer consistent assortments straight from our mines in our tenders and introduce our new Rough Diamond Tender and Auctions Platform. These initiatives reflect our commitment to innovation and excellence in the diamond industry. Having found success and a strong clientele when we conducted last few tenders in Dubai, we want to offer access to our clients of a wider assortment of rough diamonds from both our land and marine mining operations in Namibia and South Africa. Together with Dubai Diamond Exchange (DDE) and DMCC we want to build the best tender house in the world backed by an extraordinary assortment of goods. This platform will redefine diamond tenders and provide unparalleled opportunities for our clients and ensure that we have control over the integrity of our goods and platform.”

Key Features of the Tenders:

  • Curated Sorting & Selection: An exquisite collection of original diamonds, showcasing various shapes, sizes, and colors, each evaluated for its superior quality and consistent assortments.
  • Mine 2 market: Full run of mine presented on a consistent basis throughout the year.
  • Transparency and Integrity: The tender will be conducted with full transparency, ensuring that all participants have equal access to the high-value diamonds on offer. Additionally, all Trans Hex Goods will bear a chain of custody thanks to its partnership with iTraceiT giving its clients the comfort that comes with having full access to its origin.
  • Global Access: An opportunity for international buyers to acquire rare and valuable diamonds directly from one of the industry’s leading miners.
  • User-Friendly Interface: An intuitive digital interface designed to facilitate seamless bidding, lot management, and auction tracking.
  • Real-Time Transparency: Advanced tracking and reporting features to ensure complete visibility and fairness in the tender and auction process.
  • Advanced Analytics: Comprehensive tools for market analysis, bidding patterns, and diamond valuation.

Initial tender date 10 to 16 September 2024. TAT DMCC is at Office No 15-H, Almas Tower, Jumeirah Lake Towers, Dubai.

About Trans Hex Group:

Trans Hex Group is a diamond mining group with more than 60 years’ experience in producing gem-quality diamonds for the local and international market. Through its well-established marine and land operations in South Africa, Namibia and Angola, the Company is engaged directly, and through joint-ventures, in the exploration for, mining and marketing of the highest quality diamonds from marine and land alluvial deposits. Trans Hex Group seeks to identify and acquire diamond assets onshore and offshore, either as full or partial stakeholder. The Group is actively evaluating potential new diamond properties and pursuing opportunities to expand its diamond marketing activities. In 2010, the Company acquired a 33% stake in the Luana project (Somiluana Mine) in Angola. In 2022, the Company acquired 100% of International Mining and Dredging Holdings (IMDH) and rebranded it Trans Hex Marine (THM).

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