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Home > Company Index > Metals & Mining > Diamonds & Other Precious Stones > De Beers Consolidated Mines Limited
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De Beers Consolidated Mines Limited |
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NEWS FROM THE STANDARD |
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The Unlikely Revolutionary
Oct 09 2000 12:00 AM PDT
PROFILE |
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De Beers Consolidated Mines Limited (DBCM) hopes that diamonds are, indeed, forever. The world's largest diamond mining and marketing company, DBCM controls the De Beers mining interests in South Africa. In 2000 De Beers shifted its focus from mining to marketing, replacing the old Central Selling Organization (a powerful cartel that has been weakened by the rise of Australian and Russian diamonds) with the new Diamond Trading Company. DBCM and sister company De Beers Centenary were taken private in 2001 by a consortium made up of South Africa mining giant Anglo American and the Oppenheimer family (45% each) and Debswana Diamond. Nicky Oppenheimer, grandson of Anglo American's founder, heads DBCM.
COMPETITION |
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BHP Billiton (BHP)
Rio Tinto plc (RTP)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 5,320.00
1-Yr. Sales Growth: 1,451.0%
Employees: 11,207
Revenue per employee: $474,703.31
KEY PEOPLE |
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Gary M. Ralfe
CEO
G. P. L. Kell
CFO
CONTACT INFO |
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36 Stockdale St.
Kimberley 8301, South Africa
Phone: 27-053-839-4111
Fax: 27-053-839-4210
Online: Web Site
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