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Crossworks Schedules Polished Tender in Toronto

Invitation-only tender will take place May 3-5 at Diamond Bourse of Canada.
Apr 23, 2010 9:59 AM   By Jeff Miller
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RAPAPORT... Crossworks Manufacturing Ltd. plans to hold its first polished diamond tender for stones that originated from the De Beers Canada Victor mine  in Ontario. The tender, which runs May 3-5, 2010,  is by invitation only and the event will be held at the Diamond Bourse of Canada  in Toronto. Diamonds were polished  at Crossworks’ polishing facility in Sudbury and will be accompanied by a Certificate of Origin from the government of Ontario.

“As the exclusive distributor of unaggregated Victor diamonds, Crossworks is excited to provide Canada’s diamond industry with diamonds that were mined, cut and polished in Ontario,” said Dylan Dix, Crossworks’ marketing director. “This is a tremendous moment for the secondary diamond industry in Ontario and Canada.”

Crossworks is a member of the HRA-SunDiamond Group of Companies and operates three diamond polishing facilities in Canada --  Sudbury, Yellowknife and Vancouver. Crossworks purchases rough diamonds from the mines located in Canada through supply agreements with the Diamond Trading Company and Rio Tinto. Crossworks began polishing diamonds from the Victor mine in 2009.

 

Tags: De Beers, De Beers Canada, Government, Jeff Miller, Manufacturing, Polishing, Rio Tinto, Victor Mine
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