South Africa’s State Diamond Trader Wants To Purchase Rough Diamonds

Gem Investing

Diamonds.net reported South Africa’s State Diamond Trader (SDT) wants to purchase rough diamonds from other countries, especially Zimbabwe.

Diamonds.net reported South Africa’s State Diamond Trader (SDT) wants to purchase rough diamonds from other countries, especially Zimbabwe.

As quoted in the market news:

South Africa’s State Diamond Trader (SDT) is looking to purchase rough diamonds from other countries, in particular Zimbabwe, as it was unable to procure sufficient local goods to advance South Africa’s beneficiation sector.

The trader noted shortcomings in its current operations since it can only buy run of mine production from local diamond mining companies, the majority of which is not suitable for cutting and polishing.

Click here to read the full Diamonds.net report.

The Conversation (0)
×