Trans Atlantic Sees Slowdown in Rough Sales
RAPAPORT... Trans Atlantic Gem Sales (TAGS) recorded a “significant” slowdown at its most recent rough-diamond tender.The company offered $35 million worth of rough from South African producers at the April sale, it said last week. However, the company sold only around $20 million, with many lots withdrawn after failing to reach their required prices.“After many months of enthusiastic rough purcha...