Search results
Results from the WOW.Com Content Network
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 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.
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 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 ...
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]
This list of mines in Africa is subsidiary to the list of mines article and lists working, defunct and future mines on the continent and is organised by the primary country location. For practical purposes stone, marble and other quarries may be included in this list.
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]