The DTC is the rough diamond distribution arm of the De Beers Family of Companies and is the world's largest supplier of rough diamonds, by value.
With activities in sorting, valuing and diamond beneficiation, the DTC has representative offices in the UK, and South Africa, as well as joint venture operations in Botswana and Namibia with the governments of those countries.
Its clients, known as ‘Sightholders', are among the world’s leading diamantaires. Most DTC diamonds are sold through the London sales office. However, DTC South Africa, which is wholly owned by De Beers, sells diamonds to clients based in South Africa.
Similarly, the joint ventures DTC Botswana and Namibia DTC – 50:50 partnerships with the governments of Botswana and Namibia – sell diamonds to clients for cutting and polishing in those countries.
Formed in 1934, the DTC was incorporated in 1986 and established as a stand-alone company within the De Beers family in July 2004. DTC’s vision is to be the world’s most effective rough diamond distributor maximising long-term value for Producer and Sightholder partners, while assisting in the creation of viable downstream industries in producer countries.
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Click here to read the DTC's Operating & Financial Review for 2010