PriceSensitive

Keynote speaker: De Beers’ Moses Madondo on ethical diamond mining

From the Floor, Market News, PDAC 2023, Socials, Sponsored
07 March 2023 11:45 (EST)

This browser does not support the video element.

Moses Madondo, Managing Director of Managed Operations at De Beers, spoke with Brieanna McCutcheon about ethical diamond development at PDAC 2023.

The company, which boasts an over 135-year history, has instituted a blockchain tracing program across its mines to ensure provenance and consumer satisfaction. De Beers is also a signatory to numerous existing standards to vet the source of its diamonds.

Madondo also spoke about community and government engagement efforts for mines from Canada to Africa in the interest of mutual long-term value creation.

One of De Beers’ newest initiatives, the Chidliak Project on Baffin Island, seeks to revolutionize the mining process through modular operations with a lower-carbon impact that results in greater cost efficiencies for all involved.


Related News