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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 ...
Debswana controls all diamond mining in Botswana; there are no private diamond mining operations in the country. Combined production of the company's four mines totalled 30 million carats 6,000 kilograms (13,228 lb), nearly a quarter of the world's annual production of around 130 million carats 26,000 kilograms (57,320 lb).
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 ...
This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
De Beers has a huge sway on diamond prices as it’s still a significant player in the market. However, it has repeatedly cut diamond prices in the hopes of attracting more buyers, painting a ...
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]
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]