Wednesday, July 16, 2008

De beers

The history and evolution of diamond industry is never complete with out De Beers Group.De Beers established in 1888, is the world's largest diamond mining and and diamond trading company.The company is headquartered in st Johannesburg,South Africa.This Company handles 60-80% of the world's diamonds.World's largest reserve of rough diamonds are in the continent of Africa.De Beers diamond mines are located in Botswana, Namibia, South Africa, Tanzania and Canada.Mining in South Africa takes place through De Beers Consolidated Mines (DBCM),[4] 74% owned by DeBeers and 26% by a broad based black economic empowerment partner, Ponahalo Investments. In Tanzania it occurs through a partnership with the government of Tanzania, 75% owned by De Beers, 25% by government.

Official website De Beers group:http://www.debeersgroup.com
Online jewelry store:http://www.debeers.com

subsidiaries:
1.DEBSWANA:Debswana Diamond Company Ltd is a joint venture between the Government of the Republic of Botswana and De Beers Centenary AG. The main purpose of the company is to mine, recover and sort diamonds.It is the largest non-government employer and the largest earner of foreign exchange in Botswana.
Official website:http://www.debswana.com

2.DTC:The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Family of Companies. The DTC sorts, values and sells approximately 40% of the world’s rough diamonds by value. The DTC has a combination of wholly-owned and joint venture operations in South Africa (DTCSA), Botswana (DTCB), Namibia (NDTC) and the UK.
Official website:http://www.dtc.com/

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