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The company's core business is diamond prospecting and seabed mining along the north-west coast of the Northern Cape Province of South Africa up to the border with Namibia. It was founded through the proclamation of the Alexkor Limited Act, No. 116 of 1992 (amended by the Alexkor Amendment Act, No. 29 of 2001).
[6] [7] In 1926, Ernest Oppenheimer, a German immigrant to Britain and later South Africa who had earlier founded mining company Anglo American with American financier J. P. Morgan, [8] was elected to the board of De Beers. [9] He built and consolidated the company's global monopoly over the diamond industry until his death in 1957.
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [1] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia . [2]
Six unrelated South Florida companies are facing various accusations of investment-related wrongdoing in a rapid-fire series of lawsuits by the U.S. Securities and Exchange Commission. The suits ...
Joseph Benjamin Robinson, (3 August 1840 – 30 October 1929) was a South African gold and diamond mining magnate and Randlord. Mayor of Kimberley, Northern Cape in 1880, which he represented in the Cape parliament for four years, chairman of the Robinson South African Banking Corporation Co , Ltd and of numeral gold mines in the Transvaal Colony, he was convicted in 1921 of fraud and fined ...
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The African Diamond Producers Association (ADPA) is an intergovernmental organization of leading diamond-producing nations. Founded on 4 November 2006 through the Luanda Declaration, ADPA is headquartered in Luanda, Republic of Angola.
This is a list of countries by diamond production, based on data reported by the Kimberley Process Certification Scheme. ... South Africa: 5.89: 9.7: 9.7: 8.5