Are you wondering where to sell your rough diamonds in South Africa? South Africa is known for its rich diamond deposits, making it a hub for diamond traders and buyers.
Whether you are a miner, collector, or just someone who has inherited rough diamonds, knowing the right place to sell them is crucial. With the diamond industry being a major player in the South African economy, there are many options available to you.
However, finding the right buyer who offers a fair price can be a daunting task. It’s essential to understand the market, have knowledge about the diamond industry and know where to find potential buyers.
In this blog post, we will guide you through the process of selling your rough diamonds in South Africa. We will explore the different avenues available to you, including diamond traders, jewellers, auction houses, and online platforms.
We will also discuss the factors to consider when choosing a buyer, such as reputation, expertise, and transparency. By the end of this post, you will have all the information you need to make an informed decision and sell your rough diamonds with confidence.
So, let’s dive in!
Where to Sell Rough Diamonds in South Africa?
Here are the 8 best places to sell rough Diamonds in South Africa:
1. De Beers Group
De Beers Group is a go-to source for the best places to sell rough Diamonds in South Africa.
Established in 1888, this internationally acclaimed diamond mining company reigns as the largest of its kind in the world and maintains a head office situated in Johannesburg, yet its operations span dozens of countries around the globe.
Through their notable excellence as sought-after suppliers and an impressive network of diamond trades, De Beers offers buyers a wide selection from which to choose when considering where to secure their diamonds with confidence.
Backed by more than 120 years of experience, customers can count on De Beers’ reliable reputation for providing some of the finest quality diamonds available anywhere today.
2. South African Diamond Corporation (SAFDICO)
For those looking to cash in on rough diamonds, there is no better destination than South Africa’s Diamond Corporation (SAFDICO).
This renowned diamond polishing and trading company has been operating in Johannesburg for many years and offers investors one of the most reliable sources of quality diamonds.
With an extensive network of expert gemologists, dealers, traders and brokers on hand who can assess the quality and worth of each diamond from all around the country, SAFDICO provides a secure platform to buy or sell rough diamonds without any hassle.
Their thorough inspection process ensures that only premium-grade diamonds are sold at competitive market prices – making it one of the best places to buy or sell rough diamonds in South Africa.
3. Petra Diamonds
If you are searching for a reliable, trustworthy destination to sell rough diamonds in South Africa, then you should go to Petra Diamonds.
Established in 1997 as a diamond mining company, Petra has since established operations within some of the most prominent diamond-producing countries in the region – including South Africa, Tanzania and Botswana.
An international leader in both the exploration and production of diamonds, Petra offers unparalleled expertise when it comes to selecting and procuring high-quality stones.
With strict safety regulations enforced upon their mining methods and facilities across all three countries they operate in, customers can rest assured that they are receiving ethical stones responsibly sourced from their surrounding areas.
4. Trans Hex Group
Situated in South Africa’s stunning ‘Mother City’, the Trans Hex Group is a leading diamond exploration, mining and marketing company.
With operations scattered across South Africa, these experts are well-known in the diamond industry for their exceptional quality and staggering selection of rough diamonds.
The firm has developed an extensive network that spans from coast to coast enabling them to access a vast range of top-grade gems – ranging from high-end yellow diamonds all the way through to glittering white stones.
With decades worth of experience in the sector, all of these diamonds are carefully mined and ethically sourced by some of South Africa’s most renowned gemologists; guaranteeing customers receive only the very best quality products available.
DiamondCorp is a South African diamond exploration and mining firm based in Johannesburg.
With operations ranging from small-scale, artisanal miners to high-tech, advanced scoping projects, DiamondCorp has established itself as one of the premier destinations for customers looking to buy rough diamonds in South Africa.
Their experienced team of geologists and miners have successfully sourced valuable stones from some of the most hard-to-reach places on the continent.
Utilizing cutting-edge technology such as geodynamical thermal and structural imaging methods, they are able to identify quality rough diamonds hidden deep within the ground’s mantle with remarkable accuracy.
In addition to their renowned exploration activities, DiamondCorp also serves as a facilitator between clients looking to purchase rough diamonds and local miners who mine them responsibly.
With decades of experience under their belts, they guarantee that all transactions are conducted safely and ethically – protecting both buyers and sellers alike through trustworthy deals heavily monitored by qualified professionals at their headquarters in Johannesburg.
6. Rockwell Diamonds
Rockwell Diamonds is a world-leading diamond mining and development company that specializes in providing exquisite rough diamonds to customers around the globe.
With major operations located in South Africa and Canada, Rockwell Diamonds is a leading supplier of rough diamonds in both countries.
Their experienced team of miners personally source each and every stone, ensuring incomparable quality and unmatched value.
The meticulous process of hand-selecting the best gems allows them to provide their customers with fine-quality untreated stones at competitive prices from their own mines.
7. Diamcor Mining
Diamcor Mining is one of the biggest diamond mining and exploration companies in South Africa that specializes in the procurement, development and supply of rough diamonds from its unique site located in South Africa.
With over 38 years of experience working with both local and foreign partners, Diamcor Mining has become a leader in diamond sourcing and offers clients excellent value for their money.
From pit mining to underground operations, the company strives to ensure all exploration activities are done safely and with minimal environmental impact.
Furthermore, they have an extensive network of buyers who guarantee the best prices for customers looking to sell rough diamonds across South Africa.
8. Lucara Diamond Corp
Lucara Diamond Corp is a leading global diamond mining company that has operations spanning the breathtaking African continent.
Established in Vancouver, Canada and headed by CEO Eira Thomas, Lucara boasts more than half a decade of expertise in the diamond industry.
Their main focus is on the extraction of rough diamonds in Botswana and Lesotho; two countries renowned for their beautiful landscapes and abundant supply of precious minerals.
With an impressive portfolio ranging from exploration to sustainability initiatives, it’s no wonder why this Canadian conglomerate has become a recognised leader within the global diamond market – offering some of the finest gems South Africa can produce!