De Beers Says Tiffany Will Sale Their Diamonds

Bloomberg reported De Beers named Tiffany & Co. (NYSE:TIF) as one of 75 companies looking to sale its diamonds for the next three years.

As quoted in the market news:

Diamond Trading Co., the London-based company moving its sorting and trading to Botswana by late 2013, increased the number of buyers with operations in Botswana to 21 from the 16 that qualified during 2008 to 2011, according to DTC’s website.

Click here to read the full Bloomberg report.