World Clock
Hong Kong  14:50
New York  02:50
Mumbai  12:20
Jerusalem  08:50
Brussels  08:50
Moscow  10:50
Home > Diamond News Center > Diamond News > World

De Beers in joint project with Tanzania

/ World

De Beers director Jonathan Oppenheimer and Tanzania’s president Jakaya Kikwete today announced a $2 million project aimed at improving living conditions for diamond miners in the “informal” sector.


Diamonds from informal mining, which is often unregulated, are retrieved from streams and river beds where they occasionally wash up.


“The goal of the De Beers project is to provide these miners with access to fair-market pricing and healthcare,” the South African diamond giant said in a statement.


It said it was joining with the government of Tanzania and several non-governmental organizations (NGOs) in the hope of creating a workable model that can be used to help informal miners in other diamond producing countries like Sierra Leone, Angola and the Democratic Republic of the Congo.


De Beers has mining operations in Tanzania.

By: PolishedPrices
Recommendations from Facebook
© Copyright 2014 Israel Diamond Institute. All rights reserved
Terms of Use Privacy Policy
Israel Diamond Institute ewave
Access the Israel diamond institute portal
registred members
Forgot your password?