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Diaval’s Diamond Valuation Contract Extended by Botswana Govt

Investing News Network
Feb. 02, 2011 04:51AM PST
Gem Investing

Israeli Diamond Portal.com reports that the government of Botswana has extended Diaval Limited’s contract as the Government Diamond Valuator (GDV

Israeli Diamond Portal.com reports that the government of Botswana has extended  Diaval Limited’s contract as the Government Diamond Valuator (GDV).

The story is quoted as saying:

Moreover, it is unclear how Diaval’s operations will fit into the government’s new agreement with Debswana on the marketing and distribution of Botswana’s diamonds. The current arrangement between the Botswana government, De Beers, and the Diamond Trading Company (DTC) stipulates that the DTC is responsible for valuing Debswana’s diamonds according to the DTC International Price Book, leading to the question the exact role of the GDV

To access the full story, click here.

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