Diamdel Invites Companies to Register for Auctions

(IDEX Online News) - De Beers secondary market supplier Diamdel will start processing applications from companies wishing to register for auction participation. Registration opens next month and will be handled on a first come, first served basis, the company said Tuesday evening.

Anticipating a significant interest in Diamdel’s supply, Diamdel said diamond companies wishing to apply to register for its auctions can now submit their basic details online, but warns that it has a limited capacity to process registrations and a significant number of applications could result in some delays to completion of registration.

“Diamdel will accept registration from any company that utilizes rough diamonds. Every applying company is expected to register only once,” Diamdel said in a release. 

“Please note that participation in Diamdel auctions will continue to be subject to specific Terms and Conditions. In order to be able be registered as a bidder, interested companies are required to confirm that they have read, understood and accept to be bound by the Terms and Conditions.”