Wholesale Diamonds South Africa & Trade Account

Why buy wholesale diamonds direct from Prodiam, Johannesburg

One step from the rough. We buy direct at De Beers DBCM viewings in Johannesburg. Most of your competitors are buying from wholesalers who bought from someone like us. Cut out the layers.
Independent grading, shown per stone. Cut on our own bench or sourced to order, and graded independently: GIA, or EGL on bench-supply parcels. The report PDF comes with every stone.
Memo and Net 30. Once your trade account is approved, memo terms are standard. Net 30 by default for vetted accounts.
Trade finance available. We finance qualified buyers. The supply chain is internalised at the Etkind operation, which means we can structure terms most SA wholesalers cannot.
Member of the DGJASA (formerly the Diamond Dealers Club of South Africa). Verifiable in the public DGJASA member directory at diamonds.org.za/members/.
Beneficiation Licensed. SA Beneficiation Licence under the Diamonds Act 1986, audited by SADPMR. Kimberley Process compliant rough, every parcel.

Bench services for jewellers

A trade account is more than a price list. These are the jobs jewellers bring to a cutting house with its own bench.

Sourcing to your customer’s brief. Send the shape, carat, grades, laboratory and budget; we search our bench and the certified trade and quote options at a landed rand price, each with its report. How sourcing works.
Matched pairs and sets. Pairs for studs and drops, and side stones for three-stone rings, matched on their reports and side by side on the bench.
Re-cutting at Procut DCW. Chipped, worn and old-cut diamonds, assessed first: you hear the likely weight loss and whether it pays before any work is done.
Setting and making on our Bedfordview bench. For jewellers without a workshop, or with more work than bench time: your design or ours, in your choice of metal.
Insurance replacements. When a customer’s claim settles in cash or lets them choose the jeweller, we supply the stone, or the whole piece, to the claim’s specification. Insurance replacements.

Selling stones to us

Gold always has a buyer. Diamonds need a buyer who can read the stone and price it. Pawnbrokers, second-hand dealers, gold buyers and jewellers taking trade-ins can sell their diamonds to us.

What we buy. Natural diamonds, loose or set, and diamond and gold jewellery. Not coins, bars, scrap gold by weight or lab-grown stones.
How we price. Stones against the Rapaport list on the day, metal on weight, purity and the live gold price, with the working written out so you can check every line.
What we need. Your business FICA documents and your acquisition record for each item. Items must be past your own seven-day hold under the Second-Hand Goods Act; Prodiam is registered under the same Act and records every purchase.
How you are paid. A firm written offer after inspection, then payment by bank transfer. Parcels can travel to us by insured courier.

How to open a diamond trade account

Email Darren directly at darren@prodiam.co.za with your trading name, registration number, store address, and a brief introduction.
FICA / KYC. We’ll request standard documentation: company registration, directors’ IDs, proof of address, jewellery-trade evidence.
Credit application. Optional, for Net 30 / memo terms. Two trade references and a recent financial standing letter.
Account live. Trade pricing unlocked. Memo allocations begin after the first transaction settles.

Wholesale diamonds in South Africa, common questions

Where can I buy loose diamonds wholesale in South Africa?

Wholesale loose diamonds in South Africa are best bought direct from a cutting house with a trade account. Prodiam, in Bedfordview, Johannesburg, supplies wholesale loose diamonds to approved SA jewellers, dealers and manufacturers straight from a De Beers DBCM Emerging Beneficiation Customer. Trade pricing is visible behind login once your account is approved, and most of your competitors are buying from wholesalers who bought from a house like ours.

How do I open a diamond trade account with Prodiam?

Email Darren directly with your trading name, registration number, store address and a short introduction. We then run standard FICA / KYC, company registration, directors’ IDs, proof of address and jewellery-trade evidence. An optional credit application (two trade references and a recent financial standing letter) unlocks Net 30 and memo terms. Once approved, your diamond trade account goes live and wholesale pricing is unlocked.

Do you supply wholesale diamonds to jewellers across South Africa?

Yes. As a wholesale diamond supplier we serve SA retail jewellers, dealers and manufacturers nationwide, dispatching insured anywhere in South Africa. Buying direct from the cutter in Johannesburg means one step from the rough rather than several, so your margin improves. We are a member of the DGJASA (formerly the Diamond Dealers Club of South Africa), verifiable in the public DGJASA directory at diamonds.org.za/members.

Are you a wholesale diamond supplier or a dealer reselling stock?

Both, and we say which. Procut DCW, our cutting works in the same building in Bedfordview, cuts and polishes stones from rough we buy at De Beers DBCM viewings in Johannesburg, and we also source to order from the certified trade. Every stone comes with its independent grading report, and we will tell you whether a stone came off our own bench.

Owning the cutting works is what lets us offer terms most SA wholesalers cannot.

Can you source a specific stone for my customer?

Yes. Send the brief: shape, carat, colour, clarity, cut, the grading laboratory you want and the budget. We search our own bench and the certified trade and come back with options at a landed rand price, each with its grading report. Matched pairs for earrings and three-stone rings are quoted the same way.

Do you re-cut chipped or old-cut stones for the trade?

Yes. Procut DCW re-cuts chipped, worn and old-cut diamonds. We look at the stone first and tell you, before any work, roughly how much weight it will lose and whether the re-cut is worth it. Sometimes the honest answer is to leave it alone.

Do you buy diamonds from pawnbrokers, second-hand dealers and jewellers?

Yes. We buy natural diamonds, loose or set, and diamond and gold jewellery from the trade, priced against the Rapaport list for the stones and the live gold price for the metal, with the working written out. We need your business FICA documents and your acquisition record for each item, and items must be past your own seven-day hold under the Second-Hand Goods Act.

We do not buy coins, bars, scrap gold by weight or lab-grown stones.

What are the terms on a wholesale diamond trade account?

Once your trade account is approved, memo terms are standard and Net 30 is the default for vetted accounts. We also finance qualified buyers, because the supply chain is internalised at the Etkind operation, which lets us structure terms most SA diamond wholesalers cannot. Memo allocations begin after your first transaction settles. Wholesale prices are quoted per stone on application against current bench stock.