White Pine Trading to Host Its First Recycled Diamond Sales Event in Mumbai Market

Sale Begins August 12th


NEW YORK, NY--(Marketwired - Aug 5, 2013) - White Pine Trading LLC, one of the world's largest recycled diamond companies, announced today that it will host its first Recycled Diamond Sales Event in Mumbai, India, expanding the roster of international markets in which it conducts special sales. The sale, which will be open to the trade from August 12th to 14th, will feature approximately 40,000 carats of recycled melee, breakout and single stones, both certified and non-certified, in all shapes, sizes and qualities.

"India is one of the largest and most important diamond markets in the world. Hosting this special event in Mumbai, the country's diamond capital, underscores our commitment to providing well-sorted recycled diamond parcels to satisfy the demands of buyers and sellers globally," said Myles Schakler, Director of Sales for White Pine Trading. "In selecting Mumbai for this event, we are reaching an even larger segment of the diamond industry that would otherwise be unable to attend our regularly scheduled events in the United States and Hong Kong. We are excited to be opening up to this market and look forward to establishing relationships with both buyers and sellers in the region."

The Sales Event will be held in the Seepz at the Gems & Jewellery Complex-II. White Pine representatives will be in Mumbai beginning on August 7th to meet with clients and facilitate trade initiatives in advance of the event. 

This event is not open to the public and is invitation only. To participate in the event, please contact Myles Schakler and his team at +1 (646) 758-0255 or sales@whitepinediamonds.com. Registration is now open.

For more information on all upcoming sales, please visit: www.whitepinesales.com.

About White Pine Trading LLC:

White Pine Trading LLC, one of the world's largest recycled diamond companies, has offices in New York, Barcelona, Birmingham and Tokyo, and buyers across the United States, United Kingdom and Europe. The company buys recycled, polished diamonds of all sizes and grades, either loose or in second-hand diamond jewelry--from the smallest melee to diamonds one carat and above. White Pine remanufactures chipped, damaged and poorly cut diamonds to homogenize appearance. It uses a significant proportion of its diamonds in jewelry, and resells the remainder to a network of retailers, jewelry manufacturers, diamond manufacturers, and dealers, primarily in the United States and Asia.