Mine sheds ex­tra stock

Weekend Argus (Saturday Edition) - - AUCTIONS -

A VA­RI­ETY OF sur­plus and idle parts and equip­ment that be­longed to a Na­maqua­land di­a­mond mine was auc­tioned off at top dol­lar last month, ac­cord­ing to Ariella Ku­per of Auc­tion Al­liance.

The sale was held on be­half of Deb­ma­rine, a di­vi­sion of De Beers, whose con­tract with the auc­tion com­pany was re­cently re­newed for a fur­ther three years, she says.

“While tra­di­tion­ally one ex­pects large yel­low metal and earth­mov­ing equip­ment to be of­fered at this type of sale, the pre-De­cem­ber clear-out pre­dom­i­nantly fea­tured spare parts and a large se­lec­tion of buses and cars, af­ford­ing an op­por­tu­nity for smaller play­ers and new­com­ers in re­lated in­dus­tries,” Ku­per says.

She adds that the sale of a Nis­san 61-seater bus, which achieved a ham­mer price of R240 000, a Mercedes Benz with the same seat­ing ca­pac­ity, which se­cured R191 000, and a 71-seater Mercedes Benz, which sold for R261 000 – con­firmed a grow­ing in­ter­est in cross-border trans­port.

Other items that sold well in­cluded sort­ing screens (R8 066), con­tain­ers (R11 000 each) and gen­eral en­gi­neer­ing p a r t s a n d d i e s ( av e r a g e d R30 500 per lot).

“The pre-sale value of the items of­fered was es­ti­mated at R2 mil­lion, tak­ing into ac­count the dis­tant lo­ca­tion and menu of smaller items,” Ku­per says. “The auc­tion proved an ex­cep­tional re­turn for Deb­ma­rine, with a fi­nal fig­ure of R4.8m, ex­clud­ing com­mis­sion.”

Fo r m o r e i n f o r m a t i o n , email crossouw@auc­tion.co.za or call 082 459 8877.

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