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The mine was opened in 1992 by Harry Oppenheimer, a former De Beers chairman. In 2004 the mine had 955 employees and recovered 7,187,300 carats (1437.5 kg) of diamonds from 5,871,000 metric tons of ore.In 2021 the mine will cease its opencast operation and move towards underground mining extending the life of the mine by a further 21 years up ...
There are two mines – Venetia and Voorspoed. In 2008, De Beers began production at the Snap Lake mine in the Northwest Territories, Canada; [66] this was the first De Beers mine outside Africa and was Canada's first completely underground diamond mine. [67] However, production was suspended when the mine was put on care and maintenance in ...
The Venetia Limpopo Nature Reserve is situated in the northernmost parts of South Africa, and is owned by the De Beers Diamond Mining Company - the mine itself is actually within the confines of the reserve. The reserve is approximately 33,000 ha in size, and is characterised by the dominant mopane (Colophospermum mopane) veld-type. Whilst ...
De Beers tried its hand at growing a lab-grown diamond jewelry business for six years before ditching it earlier this year. But a segment of that failed attempt has flourished—and it has nothing ...
In 2001, De Beers was privatised after being a listed company for more than 70 years. [19] In 2002, South Africa's Mining Charter was approved, [20] and Anglo American and other mining companies with operations in the country were mandated to transfer a percentage of their South African production to historically disadvantaged South Africans. [21]
The Venetia Diamond Mine is situated close to Alldays, located within the 360 square kilometre Venetia Limpopo Nature Reserve. It is one of De Beers ’ six remaining diamond mines in South Africa and the only major diamond mine to be developed in the country during the past 25 years.
The primary South African sources of diamonds, including seven large diamond mines around the country, are controlled by the De Beers Consolidated Mines Company. In 2003, De Beers operations accounted for 94% of the nation's total diamond output of 11,900,000 carats (2.38 t). This figure includes both gem stones and industrial diamonds. [33]
The Namibia Diamond Trading Company (NDTC) is a 50/50 joint venture between the Republic of Namibia and the DTC; the mining and sorting arm of De Beers.Namibia is a known source for gem quality diamonds and is the fourth-largest exporter of nonfuel minerals in Africa. [1]