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Official De Beers Diamond Trading Company (DTC) sightholder list was released on January 13, 2004. The list contains 84 sightholders, a decrease from approximately 120 sightholders in 2003. The list includes ten new sightholders.
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The Diamond Trading Company (DTC) issued the following statement accompanying its new sightholder list released on January 13, 2004. These are the sightholders for the next two years.
Diamond Trading Company Confirms Sightholder List
The Diamond Trading Company (DTC) is pleased to confirm its list of
Sightholders, selected from among |
the world’s leading diamantaires. The list is some 20 percent shorter than previously, which is not surprising given DTC’s reducing share of the rough diamond market. As our chosen customers, these Sightholders share our vision of a dynamic and growing market for diamond jewelry. Their skills include excellence in the craft of cutting and polishing diamonds as well as a proven expertise in marketing and distributing rough and polished diamonds.
The DTC believes that its enterprising and pro-competitive approach to client selection, embodied in Supplier of Choice, represents a great opportunity for the many successful business models in the diamond industry. The new list reflects this in that it includes a wide range of differing business models, including both large and small players, manufacturing and dealing orientated businesses, companies that use a full range of diamonds and those that are highly focused on specific goods. What all these clients have in common is a commitment to driving demand for diamonds, a passion for protecting the integrity of our rare product, a shared vision regarding the future of our industry and a track record of achievement.
The new list results from free and open competition for DTC’s available supply between all applicants. The list includes 10 companies that are either completely new to the Sightholder list or are returning to it after a break of some years, and these are spread across the centres.
De Beers, via the DTC, will continue to provide the Diamdel companies worldwide with rough for sale direct to the market. This will provide further support for the major diamond centres and encourage new and innovative smaller diamond businesses to grow.
Regrettably, a number of clients have lost their Sightholder status. This is in no way a criticism of a client’s business, but is due, in almost all cases, to competition for limited supplies of particular goods. Nicky Oppenheimer, Chairman, paid a personal tribute to those clients who were leaving the sight system; "Many of these companies have been clients of ours for a long time. We have each benefited from good commercial and personal relationships and we continue to hold them in the highest esteem."
"DTC is committed to the health of the diamond industry and its future growth. We believe the process of selection we agreed with the EU has been rigorously applied and is fair. Supplier of Choice is already bearing fruit as we see a second strong year of growth in consumer demand for diamonds. The result is very positive for the future of all involved in the industry," said Gareth Penny, Sales and Marketing Director. "We are looking forward to working with our Sightholders in a way that can transform the diamond jewellery market, creating excitement and new customer demand. This is about a future in which the sales of diamond jewellery will fully reflect the pre-eminence of diamonds, one of nature’s rarest treasures, as symbols of enduring love and ultimate success", added Gary Ralfe, Managing Director.A. DALUMI DIAMONDS LTD.
A. SCHWARTZ & SONS DIAMONDS LTD.
A.M.C. BVBA
ARJAV DIAMONDS NV
ASIAN STAR COMPANY LIMITED
ASTRA DIAMOND MANUFACTURERS LTD.
B. VIJAYKUMAR & CO.
BHAVANI GEMS
BLUE STAR
BORNSTEIN NV
C MAHENDRA EXPORTS
CHOW TAI FOOK JEWELLERY CO. LTD.
CLASSIC DIAMONDS (INDIA) LIMITED
D. NAVINCHANDRA & CO.
DD MANUFACTURING NV
DALI DIAMOND COMPANY NV
DE TOLEDO DIAMONDS LTD.
DIACOR INTERNATIONAL LTD.
DIAMANTHANDEL A.SPIRA BVBA
DIAROUGH NV
DIGICO HOLDINGS LTD.
DILIPKUMAR V. LAKHI
DIMEXON DIAMONDS LTD.
DYNAMIC DIAMOND CORP.
E.F.D. LTD.
EMA DIAMOND MANUFACTURING LTD.
EUROSTAR DIAMOND HOLDINGS SA
FABRIKANT & SALANT GROUP
FESTDIAM CUTTING WORKS (PTY) LTD.
FRUCHTER GAD DIAMONDS LTD.
GEFFENS DIAMOND CUTTING WORKS (PTY) LTD.
GEMBEL EUROPEAN SALES NV
HASENFELD-STEIN INC.
INTER GEMS-CLAES NV
J.B. DIAMONDS
JAYAM NV
JULIUS KLEIN DIAMONDS LLC
K. GIRDHARLAL
K.P. SANGHVI & SONS
KARP IMPEX LIMITED
KGK ENTERPRISES
KROCHMAL & COHEN DCW( PTY) LTD.
L.I.D. LTD.
LAXMI DIAMOND
LAZARE KAPLAN INTERNATIONAL INC.
LILI DIAMONDS
LIVINGSTONES
LOUIS GLICK AND COMPANY
M. SURESH & CO.
MAHENDRA BROTHERS
MICHAEL WERDIGER INC.
MOHIT DIAMONDS IMPEX PRIVATE LTD.
MOTI GANZ
NAVIN GEMS
OVERSEAS DIAMONDS NV
P D KOTHARI & CO.
PLUCZENIK DIAMOND COMPANY NV
PREMIER DIAMOND CUTTING LTD.
PREMIER GEM CORPORATION
R.T. DIAMOND PVT. LTD
RAND PRECISION CUT DIAMONDS (PTY) LIMITED
RATILAL BECHARLAL & SONS
RICHOLD SA
ROSY BLUE (INDIA) PVT. LTD.
ROSY BLUE NV
S VINODKUMAR & CO.
SANGHAVI EXPORTS
SCHACHTER & NAMDAR POLISHING WORKS, LTD.
SHEETAL MANUFACTURING CO.
SHREE RAMKRISHNA EXPORT
SHRENUJ & COMPANY LIMITED
SMOLENSK STATE UNITARY COMPANY KRISTALL PRODUCTION CORPORATION
STAR DIAMOND GROUP (SDG) BV
SUASHISH DIAMONDS LTD.
SUNDIAMOND BVBA
SUPERGEMS HOLDINGS LTD
SURESH BROTHERS
TACHE COMPANY NV
TASAKI SHINJU CO. LTD.
TRAU BROS NV
VENUS JEWEL
VIJAYDIMON BVBA
YAHALOMEI ESPEKA INTERNATIONAL LTD.
YERUSHALMI BROTHERS DIAMOND LTD.
In addition DTC supplies goods to the following
industrial clients:
HENRI POLAK DIAMOND CORP.
LIEBER AND SOLOW LTD.
SAINT-GOBAIN ABRASIVES LIMITED-L M VAN MOPPES AND SONS
DTC Diamond Promotion Service
(January 13, 2004)
The Diamond Trading Company Limited (DTC)
is a De Beers Group Company
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