 "Diamonds")
Faced with an irregular supply of quality diamonds, which is hurting domestic sales and exports, diamond processors, under the aegis of the Gems and Jewellery Export Promotion Council (GJEPC), are in talks with leading global miners to accommodate small and medium enterprises (SMEs) into their sightholders’ list to deal with them in small quantities of rough diamonds.
Leading global diamond miner De Beers, which contributes nearly 20 per cent of global rough diamond supply, normally, allocates rough diamonds to pre-selected large processors across the world. De Beers picks up between 70 and 80 global buyers, who they call sightholders, through
