Johannesburg, South Africa – Kruger Diamonds, a leading diamond tender house, has announced that it will not be holding its September tender this month due to ongoing pressure in the rough diamond market.
In a statement released 23 September 2024, the company cited the challenging market conditions as the primary reason for the postponement. “Despite our best efforts, the current market environment has made it difficult to justify holding a tender at this time,” said Kruger Diamonds.
The company assured its clients that it remains committed to its operations and will continue to monitor market trends closely. “We are hopeful that the market will improve in the near future, and we will announce the dates for our next tender as soon as possible,” the statement added.