The document summarizes the transformation of De Beers from the late 1990s through 2002. It describes how De Beers underwent a strategic review that shifted its focus from supply control to driving demand. The review found that marketing and branding were underdeveloped in the diamond industry. As a result, De Beers implemented a strategic plan to become a "Supplier of Choice" through initiatives like its new Forevermark identity and driving demand for diamonds.
The role of Geoscientists in a Junior Exploration Company.James AH Campbell
Presentation to the Geological Society of South Africa's workshop on Foundations for a geological career. The presentation is entitled The role of Geoscientists in a Junior Exploration Company. 14 August 2019.
The role of Geoscientists in a Junior Exploration Company.James AH Campbell
Presentation to the Geological Society of South Africa's workshop on Foundations for a geological career. The presentation is entitled The role of Geoscientists in a Junior Exploration Company. 14 August 2019.
The role of Geoscientists in a Junior Exploration CompanyJames AH Campbell
The role of Geoscientists in a Junior Exploration Company.
Presentation to the Geoskills Webinar 7 July – 11 August 2020, part of the Foundations for a Geological Career series.
Compiled and presented by James Campbell on 14 July 2020.
Millrock Resources - Corporate Presentation - Fall 2018Millrock Resources
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorers PolarX Ltd. and Sojourn Exploration Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages, and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, the southwest USA, and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: EMX Royalty, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorer ArcWest Exploration Inc. and holds a portfolio of exploration project royalty interests.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages, and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, the southwest USA, and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: EMX Royalty, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorer ArcWest Exploration Inc. and holds a portfolio of exploration project royalty interests.
Presentation to the Responsible Extractives SummitAnglo American
Global lead for enterprise development, Christian Spano, presents with Technoserve and Care International, on becoming a development partner, at the Responsible Extractives Summit.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Silverwood Capital Fund I LLC formed to take advantage of a narrow niche in the mortgage note industry. The Company will seek to acquire, workout, and manage nonperforming real estate notes secured by residential 1-4 unit properties. While the primary emphasis will be focusing on nonperforming junior and Home Equity Line Of Credit (“HELOC”) notes, we will purchase select senior liens and REOs.
Using our network of banking and equity fund contacts, and advanced marketing techniques, the Fund will purchase mortgages and real estate at significant discounts to its underlying value. By focusing on distressed mortgages and properties, we know the potential for above average returns exist.
These securities are being offered under an exemption provided by SEC Regulation D Rule 506(c). Only accredited investors who meet the SEC Regulation D 501 “accredited investor” accreditation standards and who provide suitable verification of accredited status may invest into this Offering.
• Any historical performance data represents past performance. Past performance does not guarantee future results;
• Current performance may be different than the performance data presented;
• The Company is not required by law to follow any standard methodology when calculating and representing performance data;
• The performance of the Company may not be directly comparable to the performance of other private or registered funds or companies;
• The securities are being offered in reliance on an exemption from the registration requirements, and therefore are not required to comply with certain specific disclosure requirements;
• The Securities and Exchange Commission has not passed upon the merits of or approved the securities, the terms of the offering, or the accuracy of the materials.
Pitch deck Core Capital Venture IndonesiaBoby Mihing
Core Capital Venture Indonesia is Startup company is a investment firm base on property.
We developing House of subsidy, and we give facility to pay a home loan installment to our costumer.
We have 3 kind of business to support our Real estate busines; Gas station, Venture Capital, And stock brokerage.
The core of business is on Real Estate.
We invite the investor to investing into our business.
terms and condition***
Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class metallic mineral deposits in mineral-rich Alaska, southwest USA, and Mexico, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.
CB Insights’ Growth Collective demystifies the growth strategies of the world’s largest organizations. We surveyed 365 corporate venture capital arms to understand how CVCs govern, set objectives, compose their teams, embed processes, and use technology. This research is the most comprehensive look at how CVCs operate and drive growth in their organizations. Growth Collective members also have access to best practices and tools to better deliver on their corporate venture capital goals.
The role of Geoscientists in a Junior Exploration CompanyJames AH Campbell
The role of Geoscientists in a Junior Exploration Company.
Presentation to the Geoskills Webinar 7 July – 11 August 2020, part of the Foundations for a Geological Career series.
Compiled and presented by James Campbell on 14 July 2020.
Millrock Resources - Corporate Presentation - Fall 2018Millrock Resources
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, British Columbia, the southwest USA and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorers PolarX Ltd. and Sojourn Exploration Inc.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages, and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, the southwest USA, and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: EMX Royalty, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorer ArcWest Exploration Inc. and holds a portfolio of exploration project royalty interests.
Millrock Resources Inc. is a premier project generator to the mining industry. Millrock identifies, packages, and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. The company is active in Alaska, the southwest USA, and Sonora State, Mexico. Funding for drilling at Millrock’s exploration projects is primarily provided by its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: EMX Royalty, Centerra Gold, First Quantum, Teck, Kinross, Vale, Inmet, Altius, and Riverside. Millrock is a major shareholder of junior explorer ArcWest Exploration Inc. and holds a portfolio of exploration project royalty interests.
Presentation to the Responsible Extractives SummitAnglo American
Global lead for enterprise development, Christian Spano, presents with Technoserve and Care International, on becoming a development partner, at the Responsible Extractives Summit.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Silverwood Capital Fund I LLC formed to take advantage of a narrow niche in the mortgage note industry. The Company will seek to acquire, workout, and manage nonperforming real estate notes secured by residential 1-4 unit properties. While the primary emphasis will be focusing on nonperforming junior and Home Equity Line Of Credit (“HELOC”) notes, we will purchase select senior liens and REOs.
Using our network of banking and equity fund contacts, and advanced marketing techniques, the Fund will purchase mortgages and real estate at significant discounts to its underlying value. By focusing on distressed mortgages and properties, we know the potential for above average returns exist.
These securities are being offered under an exemption provided by SEC Regulation D Rule 506(c). Only accredited investors who meet the SEC Regulation D 501 “accredited investor” accreditation standards and who provide suitable verification of accredited status may invest into this Offering.
• Any historical performance data represents past performance. Past performance does not guarantee future results;
• Current performance may be different than the performance data presented;
• The Company is not required by law to follow any standard methodology when calculating and representing performance data;
• The performance of the Company may not be directly comparable to the performance of other private or registered funds or companies;
• The securities are being offered in reliance on an exemption from the registration requirements, and therefore are not required to comply with certain specific disclosure requirements;
• The Securities and Exchange Commission has not passed upon the merits of or approved the securities, the terms of the offering, or the accuracy of the materials.
Pitch deck Core Capital Venture IndonesiaBoby Mihing
Core Capital Venture Indonesia is Startup company is a investment firm base on property.
We developing House of subsidy, and we give facility to pay a home loan installment to our costumer.
We have 3 kind of business to support our Real estate busines; Gas station, Venture Capital, And stock brokerage.
The core of business is on Real Estate.
We invite the investor to investing into our business.
terms and condition***
Millrock Resources Inc. is a premier project generator to the mining industry. In the search for world-class metallic mineral deposits in mineral-rich Alaska, southwest USA, and Mexico, Millrock identifies, packages and operates large-scale projects for joint venture, thereby exposing its shareholders to the benefits of mineral discovery without the usual financial risk taken on by most exploration companies. Millrock currently has twenty-two active exploration projects, eight gold-copper and zinc properties in Alaska, a porphyry copper prospect in Arizona, a uranium project in New Mexico, and twelve gold, silver and copper projects in Mexico. Funding for Millrock’s exploration projects primarily comes from its joint venture partners. Business partners of Millrock have included some of the leading names in the mining industry: First Quantum, Teck, Kinross, Vale, Inmet and Altius.
CB Insights’ Growth Collective demystifies the growth strategies of the world’s largest organizations. We surveyed 365 corporate venture capital arms to understand how CVCs govern, set objectives, compose their teams, embed processes, and use technology. This research is the most comprehensive look at how CVCs operate and drive growth in their organizations. Growth Collective members also have access to best practices and tools to better deliver on their corporate venture capital goals.
If you are raising funds for your business, having an impressive investment pitch deck is a key component in your fundraising toolkit. Considering this, we have come up with content-ready investment crowdfunding PowerPoint presentation slides. Using crowdsourcing management presentation illustrations will ensure your strong business presence in a global market. These crowd equity PPT graphics are so versatile that it can be used in related topics such as angel investor, budget crowdaction, fund statistics and facts, equity crowdfunding, business investment proposal, venture capital pitch ,crowdcube, startup pitch deck and crowdsourcing model. Our entrepreneurial ventures PPT templates help you outpace the usual fundraising model in the business world. These equity ownership PowerPoint presentation templates are designed by including all the necessary slides such as accenture strategy, capital projection, entrepreneur strategic plan, business timeline and market segmentation. We have added tactical features to this investment crowdfunding PPT graphics that are significant. So without wasting more time, download it today!. Break the impasse with our Investment Crowdfunding PowerPoint Presentation Slides. Get across any barriers installed.
Learn to pitch and explain your business to anybody, hastily and clearly in a minute using our content-ready equity crowdfunding PowerPoint presentation slides. Our investment crowdfunding PPT templates emphasize on identifying your business unique value proposition. We have included the essential elements that a winning investment pitch deck should have such as exit strategy, budget projections, funding goals, shareholder pattern, product segmentation, organizational chart, geographical footprint, product expansion, consumer retention and SWOT analysis. Stay ahead of the competition and wow your investors with a creative crowd investing PowerPoint presentation designs. These equity crowdfunding PPT visuals are put to use to give presentations on similar topics such as crowd equity, debt-based funding, fundraising, snowball effect, peer to peer lending, angel investors, investment crowdfunding framework, reward-based crowdfunding and many more. Our customizable crowd equity presentation illustration helps you raise funds for your business from the investors. Download it today at a reasonable price!. Figure out how to fix it with our Equity Crowdfunding PowerPoint Presentation Slides. Deliberate on areas of disagreement.
Dean Stanton
Director, Head of Strategy – BrandGreen Strategy Consultants Pte Ltd
Dean has 17 years’ international experience in strategy, innovation and private equity. Over the past 6 years, he has been intimately involved in the successful creation and launch of a series of low carbon ventures. From February to August 2010 he led the detailed proposition development work for the new Singapore Carbon Label, the first of its kind in the region. He has collaborated with the UK’s Carbon Trust since 2006, creating valuable new businesses in sectors as diverse as Green IT, Renewable Energy, Low Carbon Buildings, Sustainable Change and Carbon Footprinting, including the initial ideation work which led to the world’s first Carbon Label. Formerly, Dean has worked at senior levels with The Boston Consulting Group, OC&C Strategy Consultants and Arthur Andersen. He holds Bachelors and Masters degrees from the University of Cambridge, is a Course Instructor with SIMTech in Sustainable Manufacturing, and has taught innovation, entrepreneurship and corporate strategy on a number of prestigious MBA programmes worldwide.
Diamond exploration, mining, financing and driving entrepreneurial behaviour.James AH Campbell
A presentation entitled:
"Diamond exploration, mining, financing and driving entrepreneurial behaviour".
to the Antwerp World Diamond Council and Gordon Institute of Business ('GIBS') global seminar entitled "From Mine to Finger. A deep dive into the world of diamonds". 7 February 2024 at GIBS.
Most of the participants are either entrepreneurs in the diamond downstream space or academics from both institutions.
Corporate Governance for South African Mining Companies (a practitioner's view)James AH Campbell
Corporate Governance for South African Mining Companies (a practitioner's view).
Compliance & Reporting in the Minerals Industry
15th September 2023
University of the Witwatersrand
(MINN7052A)
Attracting Funds to Develop the Diamond Potential of Southern AfricaJames AH Campbell
Attracting Funds to Develop the Diamond Potential of Southern Africa
JAHCampbell
24 Aug 2023
Presentation to the Kimberely International Diamond Conference.
Prospecting for Solutions: Challenges facing the South African Mining IndustryJames AH Campbell
Prospecting for Solutions: Challenges facing the South African Mining Industry
James Campbell
Presentation to Drexel University MBA group in Johannesburg on 11 May 2023.
Is there any overlap between Corporate Governance & Public Reporting?James AH Campbell
Is there any overlap between Corporate Governance & Public Reporting?
Presentation to the Geological Society of South Africa.
10th October 2022, Johannesburg.
Prospecting for Solutions: Challenges facing the South African Mining IndustryJames AH Campbell
Prospecting for Solutions: Challenges facing the South African Mining Industry.
Society of Economic Geologists, SA Chapter.
6th October 2022, University of the Witwatersrand.
Corporate Governance for South African Mining Companies (a practitioner's view)James AH Campbell
Corporate Governance for South African Mining Companies (a practitioner's view).
Compliance & Reporting in the Minerals Industry
27th September 2022,
University of the Witwatersrand
The Future of Botswana's Diamond Resources
James AH Campbell
Botswana Resources Infrastructure and Energy Forum ('BRIEF')
Gaborone, Botswana
16-17 May 2022
Volcanoes Presentation with material chiefly drawn from the Geological Society of the UK.
Presented to Reddam House Waterfall learners on 14 March 2022
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
3. www.debeersgroup.com
3
1998 - a new beginning
New Chairman, new MD
New international CHQ
Separation of management
and operational ties with
Anglo American
One company, One purpose
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
4. www.debeersgroup.com
4
1998 - annus horribilis
Total dividend reduced by 22%
Negative operating cash flow
Diamond stocks and borrowings up by
$377m and $480m respectively
CSO sales down 28% to $3 345m
Headline earnings per linked unit down 40%
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
6. www.debeersgroup.com
6
Strategic Mission
“The need to create and
enhance stakeholder
value, and especially
shareholder value.”
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
7. www.debeersgroup.com
7
Historical context: 1990s
Flat demand growth
– Asian crisis / Japanese recession
– Continued US market growth
Supply exceeds demand
Competitor producers emerge
– Argyle leaves the CSO
– Canadian production commences
Downstream restructuring begins
– Consolidation / vertical integration
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
8. www.debeersgroup.com
8
De Beers Share Price vs. Dow Jones
0
60
120
180
240
300
Jan
1991
Jan
1992
Jan
1993
Jan
1994
Jan
1995
Jan
1996
Jan
1997
Jan
1998
CAGR
(1990-1998)
Dow Jones 14%
De Beers (8%)
Historical context: 1990s
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
9. www.debeersgroup.com
9
Historical context: 1990s
Real price declines
90
100
110
120
130
140
150
1985 1987 1989 1991 1993 1995 1997 1999
1985 = 100
DTC Price Index (1985-2000) - Real measured against US CPI
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
10. www.debeersgroup.com
10
Historical context: 1990s
De Beers diamond stock growth 1989-1998
of $2.3 billion driven by exogenous factors
US/Europe
recession
Strong US/Asian demand;
Japanese recession
Angolan production falls;
Canadian production begins
Russian stockpile
leakage;
Uncontrolled
production in
Angola
Crisis in
East Asia
Argyle outside
World
production
increases by
$1 billion
1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
1,000
2,000
3,000
4,000
5,000
US$
Million
CAGR
7.7%
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
12. www.debeersgroup.com
12
Gap to create economic value
1990 1991 1992 1993 1994 1995 1996 1997 1998
0
Capital Charge
NOPAT
Economic Profit
(WACC = 11% Real)
US$
Million Capital charges prevented economic value
creation
Financial Review: Key Insight
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
13. www.debeersgroup.com
13
Financial Review: Key Insight
A high relative market share should be
matched by returns exceeding cost of capital
-20
-15
-10
-5
0
5
10
15
20
<0.3 0.3 - 0.6 0.6 - 1.2 1.3 - 2.4 2.5
Above cost
of Capital
Below cost
of Capital
(10%)
(5%)
1.0%
12%
18%
Net
ROCE
Relative Market Share Source: Bain & Co research
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
14. www.debeersgroup.com
14
Financial Review: Conclusions
Cost cutting / operational efficiency - but not
a principal driver of value creation
The cost of supply control impedes value
creation
Compete, not restore
The major value driver is sales growth - not
seller of last resort
Strategies to drive retail demand and
differentiate our product are crucial
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
15. www.debeersgroup.com
15
Strategic Review: Key Insight
Global under-performance of Diamond
Jewellery Sales in the 1990s
0
100
200
300
400
500
Luxury Goods
GDP
Diamond Jewellery
1980 1986 1988 1990 1992 1994 1996 1998 2000
1982 1984
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
16. www.debeersgroup.com
16
Strategic Review: Key Insight
Global Advertising Spend as a % of Sales by Industry
Luxury
Goods
Coca Cola Tobacco Watches Jewellery
10.5%
9.0%
8.0%
6.0%
1.0%
Marketing drives maintenance of consumer goods
profits - diamond jewellery is the exception
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
17. www.debeersgroup.com
17
Strategic Review: Key Insight
The diamond jewellery retail category is
remarkably ‘unbranded’
Perfume
brands
Top 13 brands
= 80% of sales
Prestige
watch brands
Top 16 brands
= 50% of sales
Diamond
jewellery brands
Top 15 brands
= 13% of sales
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
18. www.debeersgroup.com
18
Key Insights: 50-carat assets
Mystique of natural diamonds
De Beers and partners - the
world’s largest producer
Leadership position and sightholder
relationships
Diamond knowledge and technical expertise
“De Beers” brand potential
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
19. www.debeersgroup.com
19
Strategic Thrust
From supply control to driving demand
Controlling supply as
custodian
Driving demand
as leader
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
21. www.debeersgroup.com
21
Strategic Plan
As is
Plus
Significantly improving operating
efficiencies and economies
From seller of last resort to
supplier of choice
Supplier of
Choice
Driving greater demand by working
more closely with our Sightholders
Driving
Demand
Branding
initiatives
Seeking ways to develop multiple brands,
including De Beers, to drive significant
additional demand
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
22. www.debeersgroup.com
22
Strategic Plan: As-Is Plus
“Significantly improve
operating margins and
efficiencies.”
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
23. www.debeersgroup.com
23
Global Diamond Prospectivity
Other De Beers Targets
Super-league
Cratons
Inaccessible
Developing
Proven
Cratonic areas
Areas of De Beers Activity
2002 Exploration spend: USD65M
42% Canada
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
24. www.debeersgroup.com
24
Discovery Risk Matrix
Likelihood of Significant Discovery
3-8 Year Window
LOW MODERATE HIGH
LOW
MODERATE
HIGH
De Beers Involved
No De Beers Involvement
Mauritania
Venezuela
Kaapvaal
Botswana
Brazil
India
Slave
Kaapvaal
RSA
Zimbabwe
Gabon
Australia
Kimberleys
Guinea
Western
Superior
Australia
SAC
Australia
Yilgarn
Australia
NAC
Kasai
DRC
Kasai
Angola
Namibia
Yakutia
Cote
d’Ivoire
Madagascar
Tanzania
China
Kalaallit
Nunaat
Finland
Zambia
CAR
Antartica
Sierra
Leone
Prospectivity
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
25. www.debeersgroup.com
25
Overall Country Risk
MODERATE TO
MEDIUM
SIGNIFICANT TO
HIGH
Prospectivity
LOW
MODERATE
HIGH
Country Risk Matrix
VERY HIGH TO
EXTREME
NEGLIGABLE TO
LOW
3
1 2 5
4
No De Beers Involvement
De Beers Involved
Venezuela
Kaapvaal
Botswana
Brazil
India
Slave
Kaapvaal
RSA
Zimbabwe
Gabon
Australia
Kimberleys
Guinea
Mauritania
Western
Superior
Australia
SAC
Australia
Yilgarn
Australia
NAC
Kasai
DRC
Kasai
Angola
Namibia
Yakutia
Cote
d’Ivoire
Madagascar
Tanzania
China
Kalaallit
Nunaat
Finland
Zambia
CAR
Sierra
Leone
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
26. www.debeersgroup.com
26
Southern African Operations Lake
Victoria
WILLIAMSON
TANZANIA
ELIZABETH BAY
NAMIBIA
Windhoek
⚫
AUCHAS
BOTSWANA
SOUTH AFRICA
Pretoria ⚫
⚫
Johannesburg
Kimberley ⚫
⚫
Durban
⚫ Cape Town
FINSCH
KIMBERLEY
MINES
KOFFIEFONTEIN
JWANENG
PREMIER
VENETIA
LETLHAKANE
ORAPA
NAMAQUALAND
MINES
MARSFONTEIN
THE OAKS
Gaborone
⚫
NAMDEB
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
DAMTSHAA
2002 Production
Debswana: 26.2M
DBCM 10.7M
Namdeb 1.4M
27. www.debeersgroup.com
27
Mining BHAG
Mining BHAG: 60% of world production by
value by 2006
South Africa 11%
Botswana 28%
Namibia 7%
Russia 21%
Canada 7%
Angola 11%
Australia 4%
D.R. Congo 5%
Others 6%
Estimated World Production 2002
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
28. www.debeersgroup.com
28
Progress: As-Is Plus
Significant reduction in unit working costs
– DBCM cost per ton held at R75 for the third year
running (down 17% in $US)
Better ‘bang for our buck’
– US$50 million shaved off exploration and
advertising budgets 1998 - 2000
Sorting and valuing efficiencies
– “Work in progress” pipeline reduced by 40%,
1999 - 2001
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
29. www.debeersgroup.com
29
Progress: As-Is Plus
Acquisitions
– Venetia: purchase of Saturn royalty
– Canada: Snap Lake acquired from Winspear
Diamonds and Aber Resources
– Australia: failed bid for Ashton’s Argyle interest
Full legal audit
– EU Competition Law
• Voluntary notification of SoC
– US Anti-Trust
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
30. www.debeersgroup.com
30
Strategic Plan: Supplier of Choice
“To create proprietary channels
for our diamonds through
those diamantaires best able
to market and distribute
them.”
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
32. www.debeersgroup.com
32
Progress: Supplier of Choice
Four pillars of Supplier of Choice
A Powerful
New Identity
Value
Added Services
Best
Practice
Principles
Policy
Statement
with objective
criteria
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
33. www.debeersgroup.com
33
New identity - Forevermark
– Symbol for best practice
– 5th ‘C’ - ‘Confidence’
– Powerful marketing tool
– $180 million this year
Progress: Supplier of Choice
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
34. www.debeersgroup.com
34
Progress: Supplier of Choice
Value added services
– Sightholder Extranet
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
35. www.debeersgroup.com
35
Strategic Plan: Driving Demand
“Driving demand by working
more closely with our
sightholders.”
Objective:
Grow global diamond jewellery retail
demand at a rate which at least matches
diamond-weighted GDP growth.
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
36. www.debeersgroup.com
36
Pilot Programmes
Leveraging greater marketing spend
downstream
Right
Product
Drive
Incremental
Sales
Right Place
Right Price Right
Promotion
Progress: Driving Demand
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
37. www.debeersgroup.com
37
Progress: Driving Demand
Distribution pilots - Diamond.com
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
38. www.debeersgroup.com
38
Progress: Driving Demand
Distribution pilots - Nakshatra
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
39. www.debeersgroup.com
39
Strategic Plan: Branding Opportunities
“Seeking ways to develop
multiple brands, including
De Beers to drive
significant
demand.”
Strategic plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value inhibitors
40. www.debeersgroup.com
40
De Beers/LVMH JV - 16 January 2001
Progress: Branding Opportunities
Strategic plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value inhibitors
41. www.debeersgroup.com
41
Structural review: People
Executive accountability and
performance-based compensation
Leadership development and succession
planning
Performance culture throughout De Beers
– KPI-driven performance measures and rewards
for management
War for Talent
Employment equity
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
42. www.debeersgroup.com
42
Structural review: Organisation
Business Units: Clarifying structure and
accountability
Nicky Oppenheimer
Gary Ralfe
Mining Operations
and Exploration
Gavin Beevers
Producer Relations,
Purchases and Sorting
Peter Somner
Sales and
Marketing
Gareth Penny
Finance
Paddy Kell
Corporate Finance
Ollie Oliviera
Debswana
Louis Nchindo
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
Legal Counsel
Glen Turner
43. www.debeersgroup.com
43
Structural review: Supply / Demand
Supply/Demand Management
– Supply/Demand committee established
26 Markets
Five Size Segments
10 Year Forecast
Different Economic Scenarios
Rough Supply Polished Demand
Exploration DTC
Mining
Cutting
Centres
Polished
Market Retail Consumer
Jewellery
Manu-
facture
RTOP
77 Producers
Five Size Segments
10 Year Forecasts
Multiple Scenarios
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
44. www.debeersgroup.com
44
Structural review: Value inhibitors
The place of De Beers’ primary listing
The complicated dual structure of De Beers
The cross-holding with Anglo American
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
45. www.debeersgroup.com
45
Structural review: Value inhibitors
0
2
4
6
8
10
12
14
16
18
20
Jan-00 Mar-00 May-00 Jul-00 Sep-00 Nov-00 Jan-01
Anglo holding dominates De Beers’ market
capitalisation
= market
value of
De Beers’
holding in
AA plc
= implied
market
value of
De Beers’
diamond
business
US$ Billion
Strategic
plan
• As Is Plus
• SoC
• Driving
Demand
• Branding
Opportunities
• People
• Organisation
• Supply-
Demand
• Value
inhibitors
46. www.debeersgroup.com
46
Historical ‘public’ structure
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
De Beers
Anglo
American
Debswana
CHL
3% 5%
32%
Public
60%
7%
58%
Public
Botswana
Government
50%
50%
35%
Pre-transaction position: De Beers’ corporate structure
– reduces transparency, accountability and liquidity
– strongly disliked by investors
– results in under-valuation of both De Beers and Anglo American
Proposed transaction delivers substantial benefits to all shareholders
47. www.debeersgroup.com
47
Ownership before January 2002 restructuring
11%
10% 45%
45%
100%
Central Investments
DBI (Lux)
Central Holdings
Group
89%
Debswana
Group
Anglo American
Group
De Beers Consolidated
Mines (DBCM)
De Beers Centenary
(DBCAG)
100% 100%
DB Investments
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
48. www.debeersgroup.com
48
Ownership after January 2002 restructuring
De Beers Consolidated
Mines (BDCM)
De Beers Centenary
(DBCAG)
De Beers sa
(formerly DB Investments)
DB Investments (Lux)
(new company)
Central Investments
DBI (Lux)
Anglo American
Group
Debswana
Group
Central Holdings
Group
89%
11%
10% 45% 45%
100%
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future
49. www.debeersgroup.com
49
Going forward...
The transformation of De Beers … from
supply control to driving demand.
Introduction
Historical
context
Strategic
Review
Strategic
Plan
The future