De Beers

De Beers are a family of companies that dominate the diamond, diamond mining, diamond hops, diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit, underground, large-scale alluvial, coastal and deep sea. Mining takes place in Botswana, Namibia, South Africa and Canada.

The company was founded by Cecil Rhodes, who was financed by Alfred Beit and Rothschild. In 1927, Ernest Oppenheimer, a German Jewish immigrant to Britain who had earlier founded mining giant Anglo American plc with American financier J.P. Morgan, managed to wrest control of the empire, building and consolidating the company's global monopoly over the diamond industry until his retirement. During this time, he was involved in a number of controversies, including price fixing, antitrust behaviour and an allegation of not releasing industrial diamonds for the US war effort during World War II.

Read more about De BeersCompany History, Activities, Business Structure, Marketing

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De Beers - Controversies - Forceful Relocation of Indigenous Bushman People in Botswana
... has existed between the interests of the mining company, De Beers, and the relocation of the Bushman tribe from the land, in order to exploit diamond resources ... beaten, and tortured as per land clearing requests by De Beers ...
Mining Industry Of Botswana - Commodities - Diamond
... Debswana (a 50-50 joint partnership of De Beers Centenary AG and the Government) accounted for all diamond production in Botswana from its four mines ... De Beers and the Government agreed that some of De Beer’s Diamond Trading Company’s operations would move from London, United Kingdom, to Gaborone ... which was a joint venture between De Beers (51%) and African Diamonds plc (49%) Gcwihaba Resources (Pty.) Ltd ...
Gareth Penny
... Previously, Gareth spent 22 years with De Beers and Anglo American, the last five of which he was Group CEO of De Beers ... He was the prime architect in the change to the De Beers business model, which replaced over 100 years of supply-side management in the rough diamond business, with demand-driven initiatives that have ... Interestingly he went on to work in a company founded by Cecil Rhodes himself (De Beers) ...
Siege Of Kimberley - Preparation
... The De Beers company was concerned about the defence of Kimberley some years before the outbreak of the war, particularly its vulnerability to attack from the neighbouring Orange Free State ... Loyal Regiment (North Lancashire), and secured against a coup de main, but not against sustained siege ... Cecil John Rhodes, the founder of De Beers, was contemplating moving into the town ...
Rudd Concession - Prelude: The Moffat Treaty
... the circus showman turned diamond millionaire Barney Barnato, to form De Beers Consolidated Mines, a sprawling national monopoly that controlled 90% of world ... Barnato wanted to limit De Beers to mining diamonds, but Rhodes insisted that he was going to use the company to "win the north" to this end, he ensured ... Through De Beers and Gold Fields of South Africa, the gold-mining firm he had recently started with Charles Rudd, Rhodes had both the capacity and the financial means to ...