De Beers is an 85 percent owned subsidiary of Anglo American Plc. The government of Botswana has minority ownership.
Together with its joint venture partners, De Beers remains the world’s largest diamond producer by value, with mining operations across Botswana, Namibia, South Africa and Canada.
With its Forevermark brand, De Beers is also the largest supplier of branded diamonds to the retail markets.
De Beers is very much a company in transition after the exit of the Oppenheimers - a family that shaped the fortunes of the diamond industry for over a century. We present a review of De Beers operations from 1999-2013, also anticipating that Anglo American could take the company in a new direction in the coming months and years.