Professional Jeweler Archive:

March 2004


DTC's Sightholder List for 2004

Fewer names make the list, reflecting the new Supplier of Choice strategy

The Diamond Trading Co. confirmed its 2004 list of clients, called sightholders, on Jan. 13. The list is 20% shorter than it used to be, which DTC attributes to its reduced share of the rough diamond market.

“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,” says DTC. “The new list reflects this in that it includes a wide range of differing business models, including 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 includes 10 companies either new to the sightholder system or returning after a break, and these are spread across the diamond trading and cutting centers, says DTC. De Beers, via DTC, will continue to provide its Diamdel division worldwide with rough diamonds for direct sale to diamond manufacturers who are not on the sightholder list, says DTC. With Diamdel, De Beers aims to provide support for the major diamond centers and encourage new and innovative smaller diamond businesses to grow.

Sightholders are:

A: A. Dalumi Diamonds Ltd., A. Schwartz & Sons Diamonds Ltd., AMC Bvba, Arjav Diamonds NV, Asian Star Co. Ltd. and Astra Diamond Manufacturers Ltd.

B: B. Vijaykumar & Co., Bhavani Gems, Blue Star and Bornstein NV.

C: C. Mahendra Exports, Chow Tai Fook Jewellery Co. Ltd. and Classic Diamonds (India) Ltd.

D: D. Navinchandra & Co., DD Manufacturing, Dali Diamond Co. NV, De Toledo Diamonds Ltd., Diacor International Ltd., Diamanthandel A. Spira Bvba, Diarough NV, Digico Holdings Ltd., Dilipkumar V. Lakhi, Dimexon Diamonds Ltd. and Dynamic Diamond Corp.

E: E.F.D. Ltd., Ema Diamond Manufacturing Ltd. and Eurostar Diamond Holdings SA.

F: Fabrikant & Salant Group, Festdiam Cutting Works (Pty) Ltd. and Fruchter Gad Diamonds Ltd.

G: Geffens Diamond Cutting Works (Pty) Ltd. and Gembel European Sales NV.

H: Hasenfeld-Stein Inc.

I: Inter Gems-Claes NV.

J: J.B. Diamonds, Jayam NV and Julius Klein Diamonds LLC.

K: K. Girdharlal, K.P. Sanghvi & Sons, Karp Impex Ltd., KGK Enterprises and Krochmal & Cohen DCW Ltd.

L: L.I.D. Ltd., Laxmi Diamond Co., Lazare Kaplan International Inc., Lili Diamonds, Livingstones and Louis Glick & Co.

M: M. Suresh & Co., Mahendra Bros., Michael Werdiger Inc., Mohit Diamonds Impex Ltd. and Moti Ganz.

N: Navin Gems.

O: Overseas Diamonds NV.

P: PD Kothari & Co., Pluczenik Diamond Co. NV, Premier Diamond Cutting Ltd. and Premier Gem Corp.

R: RT Diamond Pvt. Ltd., Rand Precision Cut Diamonds (Pty) Ltd., Ratilal Becharlal & Sons, Richold SA, Rosy Blue (India) Ltd. and Rosy Blue NV.

S: S. Vinodkumar & Co., Sanghavi Exports, Schachter & Namdar Polishing Works Ltd., Sheetal Manufacturing Co., Shree Ramkrishna Export, Shrenuj & Co. Ltd., Smolensk State Unitary Co. Kristall Production Corp., Star Diamond Group (SDG) BV, Suashish Diamonds Ltd., Sundiamond Bvba, Supergems Holdings Ltd. and Suresh Bros

T: Tache Co. NV, Tasaki Shinju Co. Ltd. and Trau Bros. NV.

V: Venus Jewel and Vijaydimon Bvba.

Y: Yahalomei Espeka International Ltd. and Yerushalmi Bros. Diamond Ltd.

Copyright © 2004 by Bond Communications