DTC Announces New Sightholder List

The Diamond Trading Company has officially made its new sightholder roster public—but there are indications that the list could change.

“We are still going through the third party verifications for a number of clients,” says DTC spokeswoman Louise Prior. “There are a very few of them that are still pending third party verifications. The list is 99 percent there, but you may still see some minor changes to the list.”

The new roster follows De Beers’ December announcement of the provisional qualification of 72 sightholders. The list leaves out some names that were on the provisional list in December.

The new DTC sightholder list process will include two innovations. The first is that  clients demonstrating strong demand at Diamdel will be allowed to apply for sightholder status. In addition, it pledges its ITO process will “better reflect sightholder demand.”