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The company's headquarters are in New York City and its products are sold via e-commerce, retail and wholesale. The name "Ruff&Cut" refers to the ruff sandpiper bird, which inhabits southern Africa, [1] and to cut diamonds; as a whole, "ruff and cut" is a play on words referring to rough and cut diamonds, as well as the ruff sandpiper.
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [ 1 ] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia ( NDTC ).
Members of The World Federation of Diamond Bourses (WFDB) act as a medium for wholesale diamond exchange, trading both polished and rough diamonds. The WFDB consists of independent diamond bourses in major centers of the diamond trade such as Tel Aviv, Antwerp, Mumbai, Johannesburg, London and New York and other cities across the United States ...
Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. Diamond prices are down as people spend more ...
The gemstone was purchased by Nemesis International DMCC, a rough-diamond trading company that markets itself as having created "one of the most in depth pricing systems ever produced for the ...
The NDTC, as with all DTC branches, allows companies known as siteholders to exclusively purchase supplies of domestically mined rough diamonds. The current siteholder contracts end in 2011, after which the siteholders will be re-evaluated by De Beers. Currently, there are ten wholesale and one retail NDTC siteholders, including:
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