Zimbabwe has sold almost four tonnes of ivory for $487,162, the third in a set of four auctions approved under an international agreement, to sell off stocks of Elephant ivory, from natural deaths or the culling of herds to keep the population under control.
Local auctioneer Keni Mubaiwa of K. M Auctions conducted the auction.
The funds will be used to support the conservation of elephants and livelihoods of communities that live adjacent to national parks.
CITES, which regulates international trade in endangered species, is allowing four African countries to hold one-off sales only to buyers from China and Japan.
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Zimbabwe Ivory Auction
Botswana auctioned 44 tonnes of ivory today in a closed auction.
The auction is the second sale of elephant tusks this week approved by CITES, the international convention that governs trade in endangered species, after Namibia on Tuesday sold more than seven tonnes of ivory for 1.1 million dollars.
Conservation groups are angry over a decision to allow the first auctions of African ivory in nearly a decade. They believe that the sale will encourage poaching and illegal trading and endanger the lives of elephants.
Most of the tusks being auctioned are from government stocks and were taken from elephants that died from natural causes or from the culling of herds to prevent over-population.
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Botswana Ivory Auction
The first ivory auction in a decade sold more than 7 tons of tusks to, raising more than $1 million.
Most of the tusks came from elephants that had died of natural causes
Tuesday’s auction was monitored by Willem Wijnstekers, CITES Secretary General. In all, 7.2 tons of ivory were sold, fetching a total of $1.3 million.
Over 44 tons will be sold in Botswana on Friday. Auctions next month will see 51 tons being offered in South Africa and almost 4 tons being offered in Zimbabwe.
Proceeds will go to the Game Product Trust Fund created in 1999 to promote conservation in communities where elephants range.
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Namibia Ivory Auction Takes $1.3 million
Sotheby’s has withdrawn a Picasso Cubist painting titled “Arlequin” which was to be auctioned as part of an Impressionist and Modern art sale on Nov. 3.
“Arlequin” had been expected to fetch over $30m. The painting, which had not been seen in public for 45 years, depicts a harlequin resting his chin on one hand.
A Sotheby’s […]
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Picasso?s Arlequin Withdrawn From New York Auction
An elephant ivory auction totaling over 19,800 lb (9,000 kg) will be held in Namibia. This is the first time in nearly 10 years that international trade in elephant ivory has been sanctioned by the UN-backed Convention on International Trade in Endangered Species (CITES).
The sales will continue over the next two weeks in Zimbabwe, Botswana and South Africa, with a grand total of 119 tons (108 tonnes) of ivory up for bidding. This accounts for an estimated 10,000+ dead elephants.
The last authorized auction since CITES banned the ivory trade in 1989 was in 1999, when southern African countries complying with stringent controls were given permission to sell off stockpiles to generate money for conservation and community development.
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Namibia Ivory Auction
