06.04.2016 Views

Mine

10k1TR

10k1TR

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!