Partnerships are the cornerstone of our business. We work closely with our partners to build trust and to understand and realise shared aspirations.
We work in partnership through a range of economic, environmental and social charters, principles and other initiatives, including:
Partnership was a central theme in 2016. We signed our longest-ever sales agreement with the Government of the Republic of Namibia, and we launched the world’s largest new diamond mine, Gahcho Kué in Canada, in partnership with Mountain Province Diamonds.
In developing Gahcho Kué, De Beers Canada worked with host indigenous communities to build trust and realise shared ambitions.
An environmental stewardship forum has been established called Ni Hadi Xa, a Chipewyan name meaning ‘For Watching the Land’. This forum, set up in 2014, involves five indigenous groups and is governed by a representative from each of them. It will be funded by De Beers until a year after the mine closes.
Its central aim is to work in partnership to combine traditional knowledge with innovative practices to minimise the impact of the mine on the land, water, wildlife, plants and, in particular, the people and their way of life.
Following the opening of the mine in September 2016, the value of the partnership has been acknowledged by all parties. It has strongly contributed to the communities’ acceptance of the mine.
We were also proud to celebrate the 50th anniversary of Botswana’s independence in 2016. In 1966, Botswana was one of the least developed countries in the world with just 40 tertiary graduates and 100 secondary school graduates at independence.
Today, it has over 15,500 tertiary graduates annually, as well as free public healthcare and free education. It also has one of the fastest per capita growth rates globally and is ranked as one of the world’s most attractive investment locations.
The partnership between Botswana and De Beers has played an important role in this transformation. Both parties understand the importance of managing the country’s diamond wealth, with its long-term needs in mind. This has provided a solid foundation for Botswana’s strong governance, political stability and prudent investment philosophy.