2016 In Numbers … But Not The Ones You Think [De Beers]

27 February 2017

27 Feb 2017, Nimesh Patel
It should come as no surprise that as Chief Financial Officer for De Beers Group, I’m going to have a passion for numbers and a vested interest in the figures that, ultimately, contribute to our bottom line. 

It was these numbers that were in the spotlight last Tuesday when Anglo American published its financial results for 2016. 

However, rather than recap the key figures from our financial performance, I thought it would be interesting to shed light on some of those figures that you wouldn’t necessarily consider when looking back on last year, but that are equally important when reviewing the year that was for De Beers. 

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This is the smallest carat size of colourless and near-colourless diamonds that our International Institute of Diamond Grading & Research’s (IIDGR) new PhosView instrument can analyse. 

Consumers’ confidence in the provenance of their diamond is of paramount importance to our business and PhosView is one of many innovative examples of how the IIDGR is helping to safeguard that confidence. 

Learn more. 

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Opening a new mine is no small feat, but that’s just what we did last year at Gahcho Kué in Canada’s Northwest Territories. 

For those outside the industry, opening a new mine might not seem like something to write home about. However, when you consider that Gahcho Kué has been more than 20 years in the making, is the world’s largest new diamond mine and will make a significant contribution to Canada’s economy (more on that later), it really is a fascinating story worth telling.