16 Sightholders to be Supplied by DTC Botswana
November 14, 07
All 16 diamond manufacturing license holders in Botswana have met the criteria for diamond supply and will become DTC Botswana Sightholders for the three year contract period, the company announced Wednesday. According to a release by the 50/50 joint venture between Botswana and De Beers, “After undergoing a robust and objective evaluation process,” all met the grade.
About $360 million of rough diamonds are expected to be sold to the Sightholders in 2008, set to grow to $550 million in 2009, said Kago Moshashane, Acting Permanent Secretary of Ministry of Minerals Energy & Water Resources and a Director of DTC Botswana.
The successful applicants for diamond supply contracts from DTC Botswana are:
1. Ascot Diamonds
2. Dalumi Botswana
3. DDA of Botswana
4. Diamond Manufacturing Botswana
5. Eurostar Botswana
6. H&A Cutting Works Botswana
7. Lazare Kaplan Botswana
8. Leo Schachter Botswana
9. Moti Ganz Botswana
10. Pluczenik Botswana pty ltd
11. Rand Precision Cut Diamonds
12. Safdico Botswana
13. Suashish Diamonds Botswana
14. Teemane Manufacturing Company
15. Yerushalmi Brothers Diamonds Botswana
16. Zebra Diamonds (IGC Group)