DPA releases report: The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining

By Ya'akov Almor / May 02, 2019 / www.idexonline.com / Article Link

The Diamond Producers Association (DPA), released a research report, entitled The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining, on the socioeconomic and environmental benefits and impacts on local communities, employees and the environment by the mining activities of its own members.

DPA Members generate more than US$16 billion in net socioeconomic and environmental benefits through their diamond mining operations. The vast majority of these benefits are infused into communities through local employment, sourcing of goods and services, taxes and royalties, social programs and infrastructure investment. DPA Members pay employees and contractors on average 66 percent above national average salaries and that companies focus extensively on employee training to ensure a highly-skilled workforce.

The DPA says it has organized active collaboration and sharing of best practices among its members around two absolute priority areas: energy conservation and CO2e emissions, as well as employee health and safety. Moving forward, the DPA will report on ongoing sustainability progress to share individual and collective progress made by its members toward these objectives and, in general, toward achieving the United Nations Sustainable Development Goals.

The DPA members are: ALROSA, De Beers Group, Dominion Diamond Mines, Lucara Diamond Corp., Murowa Diamonds, Petra Diamonds and Rio Tinto. Together, they employ more than 77,000 individuals.  DPA members operate mines in Botswana, Russia, Canada, Namibia, South Africa, Lesotho, Australia, Zimbabwe and Tanzania. 

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok