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LONDON -- The Diamond Trading Co., the sales and marketing arm of De Beers Group, has whittled down its list of sightholders by 20 percent, reflecting its reduced share of the diamond market and the demands of the Supplier of Choice program introduced two years ago.
The current 84 De Beers sightholders -- people who cut, polish and distribute diamonds -- are based mainly in New York, Antwerp, Tel Aviv, Bombay and Johannesburg.
"DTC is...