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10k1TR
10k1TR
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Introduction<br />
Proud of our legacy to the North<br />
Dominion Diamond Corporation<br />
Dominion Diamond Corporation is the world’s third largest<br />
producer of rough diamonds by value and is listed on<br />
both the Toronto and New York stock exchanges. Both of<br />
its production assets are located in the low political risk<br />
environment of the Northwest Territories in Canada where<br />
the company also has its head office.<br />
Dominion operates the Ekati Diamond <strong>Mine</strong>, through<br />
its 88.9 per cent ownership, as well as a 65.3 per cent<br />
ownership in the surrounding areas containing additional<br />
reserves and resources, and also owns 40 per cent of the<br />
Diavik Diamond <strong>Mine</strong>. Between the two mining operations,<br />
diamonds are currently produced from a number of separate<br />
kimberlite pipes, providing a diversity of diamond supply<br />
as well as reduced operational risk. It supplies premium<br />
rough diamond assortments to the global market through its<br />
sorting and selling operations in Canada, Belgium, and India.<br />
The company maximizes the sales value of its rough stones<br />
from the Ekati and Diavik mines, and maintains a preferred<br />
position as a supplier of rough diamonds to the world’s<br />
diamond manufacturers (cutters and polishers) by dealing<br />
directly with them and tailoring rough diamond parcels to<br />
the client’s particular needs.<br />
Rio Tinto Diamonds<br />
Through its 60 per cent of the Diavik mine and 100 per cent<br />
of the Argyle mine, Rio Tinto Diamonds is one of the world’s<br />
major diamond producers. Rio Tinto Diamonds’ share of the<br />
production from these mines are sorted and prepared for sale<br />
at its sales and marketing headquarters in Antwerp, Belgium.<br />
Rio Tinto Diamonds’ sales and marketing group aims to<br />
differentiate itself by:<br />
• Providing the right customer with the right assortment of<br />
diamonds;<br />
• Tailoring its approach to serve each customer;<br />
• Creating long-term, mutually beneficial business<br />
relationships; and<br />
• Retaining the flexibility to respond to market<br />
opportunities.<br />
It maintains an extensive industry intelligence network<br />
and a high level of customer and product support, and also<br />
believes in supporting consumer confidence in its diamonds<br />
and plays an active role in addressing key industry issues<br />
around product integrity and sustainable development.<br />
Rio Tinto Diamonds is a founding member of the Responsible<br />
Jewellery Council. Established in 2005, the council is a notfor-profit<br />
industry organization with a mandate to promote<br />
responsible, ethical, social, and environmental practices<br />
throughout the diamond and gold jewellery supply chain<br />
from mine to retail.<br />
Additionally, Rio Tinto Diamonds has taken an active<br />
leadership role in the World Diamond Council, which<br />
represents the diamond industry in the Kimberley process.<br />
04<br />
More recently, Rio Tinto Diamonds has partnered with the<br />
Diamond Empowerment Fund – an international not-forprofit<br />
organization supporting education initiatives in<br />
diamond producing countries – on a number of programs<br />
aimed at raising awareness of the positive impact diamonds<br />
have around the world in the communities in which they are<br />
mined.