DIAMONDS: De Beers consolidates Canadian, South African assets

[caption id="attachment_1003727136" align="aligncenter" width="549"] De Beers’ Gahcho Kue diamond mine in the Northwest Territories. (Image: De Beers Group)[/caption] CALGARY and JOHANNESBURG – De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The change is expected to create a more sustainable business and to streamline operations in both countries. De Beers announced the change as  its mining footprint in both countries is shrinking due to the closure of the Snap Lake mine in Canada’s Northwest Territory and South Africa’s Voorspoed mine plus the already announced closure in May of the Victor mine in Ontario. [caption id="attachment_1003727139" align="alignleft" width="144"] Mpumi Zikalala[/caption] The new managing director of De Beers Group Managed Operations will be Nompumelelo (Mpumi) Zikalala. She and the management team will work out of offices in Johannesburg. Joining her is Allan Rodel as head of operations. Additional support services will be maintained in Canada. Zikalala’s responsibilities will include those currently held by Phillip Barton, CEO of De Beers Consolidated Mining, and Kim Truter, CEO of De Beers Canada. Both men are leaving the organization to focus on new opportunities. Find more information about De Beers Canadian mines at http://Canada.DeBeersGroup.com or about South African operations at http://DeBeersGroup.com.