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De Beers Group

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Page 1: De Beers Group

De Beers Group

Page 2: De Beers Group

De Beers Group

Page 3: De Beers Group

De Beers Group The diamond producers that

continue to sparkle

Page 4: De Beers Group
Page 5: De Beers Group

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

Page 6: De Beers Group
Page 7: De Beers Group

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.

Page 8: De Beers Group

��� ������ ������

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

Page 9: De Beers Group

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

Page 10: De Beers Group

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.

Page 11: De Beers Group

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.

Page 12: De Beers Group

Oliver Moy Publisher

For enquiries email

[email protected]