De Beers Group
-
Upload
business-coverage -
Category
Documents
-
view
217 -
download
0
description
Transcript of De Beers Group
De Beers Group
De Beers Group
De Beers Group The diamond producers that
continue to sparkle
There are few organisations that can claim to have
altered consumer behaviour by advancing a
tradition that continues to grow today, but the De
Beers Group deservedly can. Marking one of life’s biggest
occasions, De Beers is credited with influencing the rise in demand for diamond engagement rings. The company
has a proven track record in marketing too, after hiring
the ad agency in 1947 that coined the timeless slogan ‘A
diamond is forever’.
Established in 1888, De Beers Group has 128 years of
history, experience and involvement in the diamond industry.
From exploration and mining to sorting and selling the final product, De Beers is one of the most important organisations
in one of the most lucrative sectors.
Established in 1989 Inspection and Quality Services
provides Project Quality Management, Engineering Inspection, NDT & Training on a global basis to engineering, mining, manufacturing, oil, gas and petrochemical industries. IQS International is proud to be the appointed Project Quality Management service provider for the Venetia Underground Project and for the De Beers Marine offshore mining fleet.
For further details visit www.quality.co.za or contact Alan Stothard +27 72 659 1776
World leaders Taking the title as one of the best known diamond companies
on Earth, De Beers takes its position and responsibility
seriously. Employing over 20,000 people, De Beers aims to
have a positive impact on both the economy and community
impacted by its activities and employs local workers where
possible.
Answerable to two shareholders, Anglo American and the
Government of the Republic of Botswana, De Beers prides
itself on safely and sustainably making the most out of every
carat it mines and sells. The company is involved in almost
every stage of the diamond pipeline and remains focused on
its vision and values of pursuing brilliance. With mining taking
place in Botswana, Canada, Namibia and South Africa, De
Beers make diamonds available to buyers across the globe.
‘Super-pit’ statusThe company continues to invest in the future with a number
of multi-million dollar projects. It aims to boost diamond
production whilst also benefiting the communities in the areas in which it operates. In Botswana, De Beers is expecting to
generate more than 1,000 jobs and contribute US$31 billion
by extending the life of Jwaneng Mine, which opened in 1982
to at least 2035.
In 2018, Cut-8 will become the main source of ore for
Botswana’s Jwaneng Mine, one of the world’s richest diamond
mines by value. It is named Cut-8 because it’s the eighth
expansion of the mine. Part of the joint venture between De
Beers and the Government of the Republic of Botswana, the
project is anticipated to deliver access to 93 million carats
of mostly high-quality diamonds. The development will
enhance Jwaneng Mine to one of the largest open pit mines
in the world. When it reaches operational phase, the project
will support more than 4,500 jobs per year.
��� ������ ������
Established in London during the great South African diamond rush of the 1870’s, Bonas is the oldest and most established Diamond Broking and Consulting firm
in the world and operates in ���������������� ��������� ����:
� ��� ������ ������������� ������ ���� where we support our clients’ relationshipswith the sales & marketing arms of the De Beers Group of Companies;
� ������ ������ ���������� using our experience and exceptional marketknowledge to deliver value on a wide array of industry related projects to clients,
including diamantaires, retailers, brands, governments and bankers;
� ��� ���������� leveraging our modern infrastructure, in-house systems,processes and enormous placing power to provide an easy route to marketand incomparable visibility to both buyers and sellers of rough & polished.
� � � ���������������ANTWERP I DUBAI I GABORONE I HONG KONG I JOHANNESBURG I LONDON I MUMBAI I NEW YORK I SURAT I TEL AVIV
From overnight secured delivery of precious cargo to comprehensive 3rd party logistic services, Malca-Amit’s
commitment to an unsurpassed level of excellence in customer service, delivers absolute peace of mind while your precious
cargo is in transit.
With offices and agents in 31 countries, along with a comprehensive international network of partners and affiliates, Malca-Amit constantly and consistently exceeds expectations.
For more information visit www.malcaamit.comMalca-Amit Botswana
Tel: +267 3188393 Mobile: +267 71328666
Email: [email protected] / [email protected]
DELIVERING Absolute PEAce of mind
WE MOVE DIAMONDS,
BULLION AND HEAVEN &
EARTH FOR OUR CLIENTS
Going Underground – Venetia MineOpened in 1992, Venetia Mine is South Africa’s largest
diamond producing mine and is one of De Beers’ ongoing
growth projects. As it approached the depth limit of open-
pit operations, De Beers decided to build the Venetia
underground mine beneath the open pit that had proved so
successful. Excavation work to extend the mine underground
is costing US$2 billion, making Venetia Mine the biggest single
investment in South Africa’s diamond industry in decades.
Whilst production is scheduled to begin in 2022, the extension
has already seen 1,500 jobs created for local people and
500 additional jobs are expected to be added when major
underground work begins. This new stage of development
began in 2013, coinciding with De Beers’ 125th anniversary.
The project is planned to climb to full production in 2025,
by which time it will treat approximately 132 million tonnes of
ore. The tunnel involves driving two vertical shafts, each seven
metres in diameter to a depth of 1,080 metres. This tunnel
decline that will provide access to the underground mine
is an operation that will take until 2018. The underground
mine is expected to unearth an estimated 94 million carats
and extend the country’s largest producer of diamonds’
life expectancy to 2046. In line with De Beers’ ethos of
ensuring its projects benefit the local community, houses are being built in nearby Musina to accommodate workers
and support will be given to improve local roads as part of
the project.
A diamond is foreverConsistent with its well-known marketing tag line, De Beers
is committed to ensuring sustainability is at the heart of
its business strategy. It recognises the importance of its
responsibilities to ensure it protects both its stakeholders
and licence to operate. De Beers aims to create a lasting
positive legacy, through its own operations as well as
partnership activities with others.
As well as domestically, De Beers is dedicated to
protecting its industry further afield by ensuring its products do not fund wars or finance violence. In 2003, the Kimberley Process Certification Scheme (KPCS) was launched to stop the trade of ‘conflict diamonds’. All of De Beers’ diamonds are certified as conflict free which enables the company to provide consumers with peace
of mind. Through sharing the aspirations of its producer
partner countries, De Beers believes its business is a
catalyst for delivering socio-economic benefits and is able to drive enduring changes across both the industry
and communities in which it operates.
The man behind the minesPhilippe Mellier has been the Chief Executive of De Beers
since May 2011 and was appointed to the De Beers SA Board
simultaneously. Prior to De Beers, Mellier was the Executive
Vice-President of the Alstom Group following a long career in
various senior management positions at Ford Motor Company,
Renault and Volvo Group. Born in France, Mellier graduated
with a degree in mechanical engineering in 1979.