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DTC Winners, Losers for 2008-2011 Contract

May 1, 2008 10:09 AM   By Avi Krawitz
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RAPAPORT... The Diamond Trading Company (DTC) made the long awaited confirmation of its sightholder list this week, as sight recipients received their first goods in the new three-year contract period.

The marketing arm of De Beers notified successful sightholders of their status in December, but delayed publication of the full list until a third party verification process had been completed.

Initially, six new companies were given sightholder status but DTC confirmed with Rapaport News that during the third party verification process, one of the new companies was dropped, and a company which had previously lost its sight was added to the list in its place. According to Rapaport records, India-based A.S. Export was the company that lost its sight but as of press time, the replacement was not confirmed.

In December 2007, DTC chose 79 global sightholders, of which 75 were to participate in sights held in either London or South Africa. The Botswana directory includes 16 companies, all of which are subsidiaries of larger sightholders, while of Namibia’s 11 sightholders, seven hold additional sights. Three Canada sightholders were named, which will receive goods from a separate sight held in London.

In the previous DTC contract period, there were 93 sightholders, indicating that 18 companies lost out this year, and five were added.

The new sightholders are Sahar Atid Diamonds and Yossie Glick Diamonds from Israel, Dharmanandan Diamonds and Shairu Gems from India, and Arslanian Cutting Works from Canada.

The global network includes 30 sightholders with headquarters in India, 15 in Belgium, 11 in Israel, eight in the United States, four in South Africa, three in Hong Kong, two in Namibia, and one each in Canada, Japan, the Netherlands, Russia, Switzerland and the United Arab Emirates.

Rand Precision Cut Diamonds, through its subsidiaries, was the only company to receive sights across the board in London, South Africa, Botswana, Namibia and Canada.

Two companies – Diacor International (Steinmetz Group) and Lazare Kaplan International – received four sight positions each, in London and each of the southern African sights, while AMC NV, D.D. Manufacturing, Julius Klein International, and SAFDICO each received three sights. Two Rosy Blue companies received London sights and a Rosy Blue subsidiary became a South Africa sightholder.

The following chart lists each sightholder with the locations of the sights they received. The subsequent tables present the South Africa, Botswana, Namibia, Canada and Industrial sightholders together with their respective parent companies.

DTC Sightholder List for 2008 - 2011 Contract Period
CompanySights Received
A. Dalumi Diamonds Ltd.London, Botswana
Almod Diamonds Namibia T/A Duiker Investment 142 (PTY)Namibia
AMC N.VLondon, South Africa, Namibia
Arjav Diamonds NVLondon
Arslanian Cutting WorksCanada
Asian Star Co. LtdLondon
Bhavani GemsLondon
Blue StarLondon
C. Mahendra Exports LimitedLondon
Chow Sang Sang Jewelry Company LimitedLondon
Chow Tai Fook JewelleryLondon, South Africa
D.D. Manufacturing NVLondon, South Africa, Botswana
Dali Diamond CompanyLondon
De Toledo Diamonds Ltd.London
Dharmanandan Diamonds Pvt. Ltd.London
Diacor International (Steinmetz)London, South Africa, Botswana, Namibia
Diamanthandel A. Spira BvbaLondon
Diarough NVLondon, Botswana
Digico Holdings Ltd.London
Dilipkumar V LakhiLondon
Dimexon International Holding B.V.London
E.F.D. Ltd.London
Eurostar Diamonds International SALondon, Botswana
Exelco N.V.London, Botswana
Festdiam Cutting Works (Pty) Ltd.London, South Africa
Finesse Diamonds CorporationNamibia
Fruchter Gad Diamonds Ltd.London
Gold Star Diamond Pvt. Ltd.London
Hardstone ProcessingNamibia
IGC GroupLondon, Botswana
JB Diamonds Ltd.London
Jewelex India Pvt. Ltd.London
Julius Klein Diamonds LLCLondon, South Africa, Namibia
K. Girdharlal InternationalLondon
K.P. Sanghvi & SonsLondon
Karp ImpexLondon
KGK EnterprisesLondon
Kiran Gems Pvt. Ltd.London
Kristall Production CorporationLondon
Laxmi Diamond Pvt. Ltd.London
Lazare Kaplan InternationalLondon, South Africa, Botswana, Namibia
Leo Schachter InternationalLondon, Botswana
LLD Diamonds NamibiaNamibia
Louis Glick Diamond CorporationLondon, South Africa
M. Suresh CompanyLondon
Mahendra Brothers Exports Private LimitedLondon, South Africa
Michael Werdiger, Inc.London, South Africa
Mohit DiamondsLondon
MotiganzLondon, Botswana
Navin GemsLondon
Overseas Diamonds N.V.London
Pluczenik Diamond Company N.V.London, Botswana
Premier Gem (Group)London
Rand Precision Cut Diamonds (Pty.) Ltd.London, South Africa, Botswana, Namibia, Canada
Ratilal Becharlal & SonsLondon
Rosy Blue (India) PVT. LtdLondon, South Africa
Rosy Blue NVLondon
SAFDICO Ltd.London, South Africa, Botswana
Sahar Atid Diamonds London
Salant Group Ltd.London, South Africa
Sanghavi Exports International Pvt. Ltd.London
Schachter & Namdar (Pty.) Ltd.South Africa
Shairu GemsLondon
Sheetal Manufacturing Co.London
Shrenuj & Company Ltd.London
Star Diamond GroupLondon, Botswana
Stuller, Inc.London
Suashish DiamondsLondon, Botswana
SunDiamond BVBACanada, Namibia
Tache CompanyLondon, South Africa
Tara Jewels Exports Pvt. Ltd.London
Tasaki Shinju Co., Ltd.London
Trau Bros N.V.London, Namibia
Venus JewelLondon
Vijaydimon BvbaLondon
Yahalomei Espeka International Ltd.London
Yerushalmi Brothers Diamond Ltd.London, Botswana
Yossi Glick DiamondsLondon

South Africa Sightholder List for 2008 - 2011 Contract Period
South Africa SightholdersParent Company
AMC Daneel Diamond Ventures (Pty.) Ltd.AMC N.V
Zlotowski's Diamond Cutting Works (Pty.) Ltd.Chow Tai Fook Jewellery
Life Diamond Cutting Works (Pty.) Ltd.D.D. Manufacturing NV
Ascot Diamonds (Pty.) Ltd.Diacor International
Festdiam Cutting Works (Pty) Ltd.Festdiam Cutting Works (Pty) Ltd.
Julius Klein Diamonds (South Africa) (Pty.) Ltd.Julius Klein Diamonds LLC
Nozala Diamonds (Pty.) LimitedLazare Kaplan International
Glick Diamonds SA (Pty.) Ltd.Louis Glick Diamond Corporation
Mahendra Brothers South Africa (Pty.) Ltd.Mahendra Brothers Exports Private Limited
Geffens DCW (Pty.) Ltd.Michael Werdiger, Inc.
Lustre Diamonds Cutting Works (Pty.) LtdOverseas Diamonds N.V.
Rand Precision Cut Diamonds (Pty.) Ltd.Rand Precision Cut Diamonds (Pty.) Ltd.
Rosy Blue Manufacturing (Pty.) Ltd.Rosy Blue (India) PVT. Ltd
Salant Masingita Diamond Manufacturers (Pty.) Ltd.Salant Group Ltd.
Vancut Diamond Works (Pty.) Ltd.Tache Company
Schachter & Namdar (Pty.) Ltd. 

Botswana Sightholder List for 2008 - 2011 Contract Period
Botswana SightholdersParent Company
Dalumi BotswanaA. Dalumi Diamonds Ltd.
DDA of BotswanaD.D. Manufacturing NV
Steinmetz Diamonds BotswanaDiacor International
Teemane Manufacturing Co.Diarough NV
Eurostar BotswanaEurostar Diamonds International SA
Hearts & Arrows Cutting Works BotswanaExelco N.V.
Zebra DiamondsIGC Group
Lazare Kaplan BotswanaLazare Kaplan International
Leo Schachter BotswanaLeo Schachter International
Moti Ganz BotswanaMotiganz
Pluczenik BotswanaPluczenik Diamond Company N.V.
Rand Diamonds BotswanaRand Precision Cut Diamonds (Pty.) Ltd.
DIA Holdings (Pty.) Ltd.Star Diamond Group
Suashish Diamonds BotswanaSuashish Diamonds
Yerushalmi Brothers Diamonds BotswanaYerushalmi Brothers Diamond Ltd.

Namibia Sightholder List for 2008 - 2011 Contract Period
Namibia SightholdersParent Company
AMC / GemXel DiamondsAMC N.V
Namcot DiamondsDiacor International
JKD (Julius Klein) NamibiaJulius Klein Diamonds LLC
Namgem TradingLazare Kaplan International
Laurelton-Reign DiamondsRand Precision Cut Diamonds (Pty.) Ltd.
Trau BrosTrau Bros N.V.
Almod Diamonds Namibia T/A Duiker Investment 142 (PTY) 
Finesse Diamonds Corporation 
Hardstone Processing 
LLD Diamonds Namibia 
Nu Diamond ManufacturingSunDiamond BVBA

Canada Sightholder List for 2008 - 2011 Contract Period
Canada SightholdersParent Company
Laurelton Diamonds Inc.Rand Precision Cut Diamonds (Pty.) Ltd.
SunDiamond BVBA 
Arslanian Cutting Works 

Industrial Sightholder List for 2008 - 2011 Contract Period
Industrial SightholdersParent Company
Michael Werdiger Inc. 
Henri Polak Diamond Corp. 
L. M. Van Moppes & Sons Ltd. 
Lieber & Solow Ltd..
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Tags: Avi Krawitz, Belgium, C. Mahendra, Dalumi, De Beers, DTC, Hong Kong, India, Israel, Japan, Jewelry, Lazare kaplan, leo, Manufacturing, Namibia, Production, Russia, Safdico, Sightholders, Sights, South Africa, United States
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