Media Release: South African ivory stockpile auctioned
South Africa today (06 November 2008) auctioned approximately 47 metric tons of stockpiled ivory. The sale, approved by the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), took place in Pretoria.
Twelve Chinese and 22 Japanese buyers bid for the South African stockpile.
The sale saw buyers bidding off brochures depicting the 63 lots of ivory that the stockpile had been divided into. Buyers visited the stockpile in Kruger National Park on Wednesday, 05 November 2008 during a private viewing session.
During his opening statement Dr David Mabunda, Chief Executive of South African National Parks (SANParks), said: “We fully appreciate and embrace our responsibility to ensure that we stamp down on poaching of any kind and so we intend to use considerable amounts of the funds we raise today towards increasing our anti-poaching capacity”.
The sale of the South African stockpile fetched approximately 6,7 million USD. The average price for the 63 lots on auction was 142 USD per kilogram.
CITES Secretary General Willem W Wijnstekers attended the auction as the CITES observer.
Wijnstekers said that a total of 101 tons of ivory was auctioned in the four countries and generated total revenue of approximately 15 million USD.
For previous press releases, access the links below:
For media queries contact Roopa Singh (DEAT) on 082 225 3076 or wanda mkutshulwa (SANParks) on 082 908 2692.
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