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De Beers to Accept Registrations for New Sightholder Sales Contractual Period

Aug 18, 2014 5:31 AM   By De Beers
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Press Release: The De Beers Group of Companies today confirmed that it will accept registrations of interest for its 2015 to 2018 global sightholder sales contractual period from August 25 to 29, 2014. Any diamond businesses interested in applying for supply from the start of the new contractual period will need a key individual from their group to register at www.debeerssightholder.com/apply between these dates.

General information related to the new global sightholder sales contractual period can be accessed at www.debeerssightholder.com/newcontractinfo.

Applicant businesses that are not currently cightholders will also need to submit an auditor workbook for approval by De Beers as part of the submissions process that will follow the registrations of interest. To request an auditor workbook, applicants should email applicant.support@debeersgroup.com.

Paul Rowley, the executive vice president of De Beers global sightholder sales, said, “We believe that we have a compelling rough diamond supply proposition at De Beers and we very much look forward to receiving applications for our new global sightholder sales contractual period. Global consumer demand for diamonds is stronger than ever and is forecast to continue showing real positive growth in the years ahead. With this period of opportunity on the horizon, we anticipate strong demand for our rough diamond availability over the coming years.”

About The De Beers Group of Companies
De Beers is a member of the Anglo American group. Established in 1888, De Beers is the world’s leading diamond company with unrivaled expertise in the exploration, mining and marketing of diamonds. Together with its joint-venture partners, De Beers employs more than 20,000 people (directly and as contractors) across the diamond pipeline, and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company’s operating philosophy, the people of De Beers are committed to Living up to Diamonds by making a lasting contribution to the communities in which they live and work, and transforming natural resources into shared national wealth. For further information about De Beers visit www.debeersgroup.com.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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