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De Beers

Overview

De Beers is a member of the Anglo American plc group. Established in 1888, De Beers is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers employs more than 20,000 people across the diamond pipeline, and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company’s operating philosophy, the people of De Beers are committed to Living up to Diamonds by making a lasting contribution to the communities in which they live and work, and transforming natural resources into shared national wealth.

Website: www.debeersgroup.com
Stock Market Listing:  London [LSE AAL]
Bloomberg Ticker:  AAL:LN

 

Presentations and Reports

Diamond Insight Report 2018 13-Sep-18
Diamond Insight Flash data May 2018 17-May-18
Diamond Insight Report 2017 14-Sep-17
Diamond Insight Flash data June 2017 2-Jun-17
Diamond Insight Report 2016 14-Sep-16
More De Beers presentations www.debeersgroup.com/en/news/presentations.html

 

Sustainability and Impact Reports

De Beers Report to Society 2016 4-May-17
Socio-Economic Impact Report: De Beers in Canada 7-Sep-16
Voorspoed Mine Social and Labour Plan 2013-17 2016
Venetia Mine Social and Labour Plan 2013-17 2016
The Socio-Economic Impact of Gahcho Kué 2016
Botswana Impact report 20141 24 Nov 15
Anglo American Sustainability Report 2017 2018
Anglo American Tax and Economic Contribution Report 2017 2018
More De Beers sustainability information www.debeersgroup.com/en/building-forever.html
More De Beers impact information www.debeersgroup.com/en/reports/impact.html
De Beers stories www.debeersgroup.com/en/building-forever/our-stories.html

1The Botswana Impact Report examines the economic impact of the partnership between the Government of the Republic of Botswana and De Beers both historically and specifically through an analysis of the economic contributions made by the Partnership in 2014.

For more information and for all De Beers’ reports on best practice principles and its polices on the environment, health, safety, community, business integrity, whistleblowing and employee human rights see: www.debeersgroup.com/en/building-forever/case-studies-and-reports.html

 

Annual/Half-yearly reports

Financial year ends 31 December

2018 Full year 21-Feb-19
2018 H1 26-Jul-18
2017 Full year 22-Feb-18
2017 H1 27-Jul-17
2016 Annual Report 21-Feb-17
More De Beers reports www.debeersgroup.com/en/news/company-news/company-news.html
More Anglo American reports www.angloamerican.com/investors/annual-reporting

 

Production reports

2018 Q4 24-Jan-19
2018 Q3 23-Oct-18
2018 Q2 19-Jul-18
2018 Q1 24-Apr-18
2017 Q4 25-Jan-18
2017 Q3 24-Oct-17
2017 Q2 20-Jul-17
2017 Q1 24-Apr-17
2016 Q4 26-Jan-17
More De Beers production www.debeersgroup.com/en/reports/production/production-data.html
Anglo American production data www.angloamerican.com/investors/quarterly-production-reporting/2016
De Beers rough sales by sight www.debeersgroup.com/en/reports/rough-diamond-sales.html

 

Mines

De Beers mines in four countries: Botswana, Canada, Namibia and South Africa . In Botswana it has partnered with Government of Botswana in a 50:50 JV since 1969. There are four open-pit mines including Jwaneng, one of the world’s richest diamond mines. In Canada, De Beers has operations at Victor in Northern Ontario and a 51% interest in Gahcho Kué, in the Northwest Territories. In Namibia, De Beers operates in partnership with the Government of the Republic of Namibia through Namdeb onshore and offshore through Debmarine Namibia. In South Africa, De Beers’ mining takes place through De Beers Consolidated Mines (DBCM) in which its JV partner, Ponahalo Holdings, has a 26% shareholding. The majority of the South African production comes from Venetia mine.

Mine Location Mining Method Production 2017
‘000 cts
Jwaneng Botswana Open-pit 11,857
Orapa Botswana Open-pit 10,185
Letlhakane Botswana Open-pit 607
Damtshaa1 Botswana Open-pit 35
Botswana Total 22,684
Snap Lake2 Canada Underground
Victor Canada Open-pit 724
Gahcho Kué (51% basis) Canada Open-pit  3,033
Canada Total 3,757
Namdeb Namibia Open-cast 427
Debmarine 1,378
Namibia Total 1,805
Venetia South Africa Open pit 4,602
Voorspoed South Africa Open-pit 606
South Africa total 5,208
GRAND TOTAL 33,454

All figures on a 100% basis unless otherwise stated
1Placed on care and maintenance from January 2016.  Restarted December 2017
2Placed into care and maintenance on 4 December 2015
 

Resources and Reserves

De Beers and its JV partners as of 31 December 2017 Anglo American Ore Reserves and Mineral Resources report 2017 (pages 10-17)