Annual review 2007 years of diamond production Namdeb Annual Review 2007 1 years of Contents Vision‚ mission and values 100 years of history How diamonds benefit Namibia Organisational profile Chairman’s statement Financial performance Namdeb ’s year in review Managing director’s review Economic performance Building a sustainable Oranjemund diamond production Our vision Namdeb – the world’s leading alluvial-diamond mining company. 28 30 36 42 50 52 53 54 55 55 1 2 4 6
Premium Diamond Namibia De Beers
commissions. The SCO had full discretion as to what diamonds to sell‚ to whom and when. The division of the economic pie depended on the arrangements the CSO made with its counterpart and was mostly based on the quality of the output. 3. Should De Beers pull the plug on the CSO’s stock lining strategy? Depending on your answer‚ what specific actions would you recommend? 1. What function does the CSO perform as a global intermediary? How do these functions help expand the economic pie in the diamond
Premium De Beers Diamond
Case De Beers Strategy 2011-2012 Martijn Hartog 308693 Question 1: What functions does the CSO perform as a global intermediary? How do these functions help expend the economic pie in the diamond industry? The CSO operates as preferred (primary) buyer of rough diamonds all over the world. These rights are contracted with countries and mines for a period of five years. This in order to dominate to dominate and regulate the world rough diamond industry. This by adjusting the amount of supply flowing
Premium Diamond
Prepared for Mr. Grieg & Mrs. Chan March 4th 2012 The Victor Diamond Mine near James Bay in Northern Ontario rose lots of controversy over the environmental‚ economic‚ and social issues created by the mine. While the company that owns the mine‚ De Beers‚ says that the new mine will bring Canada new revenue and will boost the economy‚ the people of the Attawapiskat First Nation are in discontent over the failing water quality in regions around the mine. These First nations are extremely unhappy with
Premium De Beers First Nations Diamond
determined that the mean duration of discovered cartels is from 5 to 8 years. However‚ once a cartel is broken‚ the incentives to form the cartel return and the cartel may be re-formed. Publicly-known cartels that do not follow this cycle include the De Beers diamond cartel and the Organization of the Petroleum Exporting Countries (OPEC). Of a sample of forty such cartels prosecuted by the United States and European Union in the 1990s‚ twenty-four lasted at least four years. And for the twenty cartels
Premium OPEC Cartel 1973 oil crisis
extraordinary. That is one of the main reasons that the advertisement is so popular and successful. Undoubtedly many people are pretty familiar with this famous slogan of De Beers which has lasted for more than fifty years since 1953. This slogan is so well- known and successful that it eventually makes up the spirit of the brand De Beers. However this slogan has become so naturalized for us that we do not stop to consider its actual meaning. The slogan here implies a little trick or in some ways‚ which
Premium Love De Beers Marriage
Barriers to Entry of New Firms For a firm to maintain its monopoly position there must be barriers to entry of new firms. Barriers also exist under oligopoly‚ but in the case of monopoly they must be high enough to block the entry of new firms. Barriers can be of various forms. • Economies of scale. If a monopoly experiences substantial economies of scale‚ the industry may not be able to support more than one producer. • Network economies. When a product or service is used by everyone in
Premium Economics Marketing De Beers
(1853-1902) was an English businessman‚ mining magnate‚ and politician in South Africa. He is an important figure in the history of the British Empire. He was the founder of Rhodesia‚ which was named after him. He was the chairman of the mining company De Beers‚ which today markets 40% of the world’s diamonds. Cecil John Rhodes was born on July 5th‚ 1853 in England‚ the fifth of nine brothers and two sisters. As a child‚ he suffered from asthma and as a teenager‚ his parents sent him to Africa with his
Premium Cecil Rhodes British Empire Zimbabwe
Nancy Alvarado MKT-245 July 25‚ 2012 David Thrope Executive Summary I believe that selling diamonds would create a social conflict because a company can run the risk of selling blood diamonds without even knowing‚ even though it can give a great profit to a jewelry company. Blood diamonds or conflict diamonds are “diamonds that come from areas where there is conflict such as violence groups and rebels that are protestors against their government like war zones. These diamonds are obtained
Premium Diamond Blood diamond De Beers
HIV/AIDS Team: Joy Beckett – De Beer’s HIV/AIDS Manager‚ operations Tracey Peterson – directed the HIV/AIDS community programs Dr. Dudley Wang – CMO of De Beers Group Michelle Venketsamy – administrative assistant. Facts: 1. At the end of the 2005 De beers had a comprehensive HIV/AIDS Strategy covering all the aspects of the prevention‚ education‚ treatment and community involvement. 2. In 2005‚ mining amounted to 7.5% of country’s GDP‚ but by 2006 it dropped to 2.3% 3. According to PwC
Premium Antiretroviral drug AIDS HIV