Yesterday De Beers announced five new sightholders. For reasons that have been repeatedly explained to me—but I’m still not sure make sense—it announced it had added companies, but did not reveal their names. However, we have learned those companies are: Diambel Group, StarRays, J.B. and Brothers (aka Yaelstar Group), D. Navin Chandra Gems, and Vallabh Dhanji. All are Indian companies or companies with Indian roots based in Antwerp. The fact that De Beers… …read more

Source: JCK Online Cutting Remarks – Diamond Industry News – Rob Bates