De Beers consolidates Canadian, South African assets

By Canadian Mining Journal Staff / February 25, 2019 / www.mining.com / Article Link

De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The change is expected to create a more sustainable business and to streamline operations in both countries.

De Beers announced the change as its mining footprint in both countries is shrinking due to the closure of the Snap Lake mine in Canada's Northwest Territory and South Africa's Voorspoed mine plus the already announced closure in May of the Victor mine in Ontario.

Mpumi Zikalala

The new managing director of De Beers Group Managed Operations will be Nompumelelo (Mpumi) Zikalala. She and the management team will work out of offices in Johannesburg. Joining her is Allan Rodel as head of operations. Additional support services will be maintained in Canada. Zikalala's responsibilities will include those currently held by Phillip Barton, CEO of De Beers Consolidated Mining, and Kim Truter, CEO of De Beers Canada. Both men are leaving the organization to focus on new opportunities.

This story first appeared in Canadian Mining Journal.

Recent News

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok