Diamonds play a key role in socio economic growth, says De Beers Group CEO

By Dale Benton
De Beers Group CEO, Bruce Cleaver, believes that diamonds bring about socio economic growth boosting local economies, but stresses there is still room f...

De Beers Group CEO, Bruce Cleaver, believes that diamonds bring about socio economic growth boosting local economies, but stresses there is still room for improvement.

Writing in his blog Mr Cleaver said: “I have been privileged to see for myself the good that diamonds have done for communities and governments around the world where we operate. They make positive contributions to countries that have used their revenues wisely, to communities that surround operations and to the beneficiaries of the practical benefits of responsible mining and ethical sourcing. Diamonds do good, but I think they can – and should – do better.”

Mr Cleaver added: “As partners, we must be bolder and braver, broaden our horizons, and accept that solutions to the sector’s challenges may lie outside of it, such as in supply chain efficiencies and marketing strategies. We need to be open, to learn from others, and willing to change.”

Read the July issue of Mining Global Magazine!

Be sure to follow @MiningGlobal for news and latest updates.

Share

Featured Articles

Exyn Nexys: a 3D Mapping Instrument for Mining Professionals

Exyn Technologies presents the Exyn Nexys - a modular 3D mapping tool for construction and mining professionals

S&P's Top 10 key themes to the 2024 energy outlook

S&P Global Commodity Insights has released its latest 2024 Energy Outlook, predicting uneven balances and OPEC+ resolve will remain key risks to markets

Super-accurate, fast ore analysis

Portable PPB and SciAps have forged a strategic R&D alliance to elevate elemental analysis for gold, silver, and copper technologies

Women under-represented on mining boards

Operations

Geothermal Engineering - UK’s first zero-carbon lithium

Sustainability

ABB and Bridon-Bekaert Ropes collaborate on mine hoists

Supply Chain & Operations