Description
| - The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Family of Companies. The DTC sorts, values and sells approximately 75% of the world’s rough diamonds by value. The DTC has a combination of wholly-owned and joint venture operations in South Africa (DTCSA), Botswana (DTCB), Namibia (NDTC) and the United Kingdom (DTC).
The DTC sells diamonds that are sourced primarily from De Beers’ mining operations in South Africa and Canada, and through its partnerships with the governments of Botswana, Namibia and Tanzania. Sorters in London, Kimberley, Windhoek and Gaborone sort these diamonds into approximately 12,000 different categories based on size, shape, quality and colour. DTC clients are known as Sightholders, and are selected by a process known as Supplier of Choice. There are 79 Sightholder companies who buy the rough diamonds from the DTC and its partner offices. The Sightholders travel to London, Kimberley, Gaborone and Windhoek ten times...
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