Namakwa Diamonds' strategy of backward integration from diamond trading and beneficiation to diamond mining has created a unique public investment proposition, with an entry point through the Company's Main Market listing on the London Stock Exchange.
To complement the Company's Trading & Beneficiation Division, the Company's Mining Division focuses on:
Kimberlite and alluvial production assets:
♦ Lesotho, the Kao Valley
♦ South Africa, the North West Province |
Further assets primed for development:
♦ South Africa, Namaqualand (alluvial)
♦ Namibia, the Tidal resource (marine) |
This consolidation of diamond mining and diamond trading and beneficiation allows the Namakwa Diamonds Group to extract additional margin along the diamond value chain and drive return-enhancing growth.
The consolidated Namakwa Group value chain
Namakwa Diamonds' growth strategy is driven by the industry's supply and demand dynamic, as well as its objective to strengthen its position within the value chain. This is important in the context of:
♦ decreasing global supplies of quality rough diamonds to meet consumer demand; and
♦ evolving legislative environment in African diamond producing countries, where governments are increasingly requiring
diamond mining companies to beneficiate new production in the country of origin.
The Company continues to assess opportunities for the development of the Group's integrated business units, provided that they can demonstrate accretive value for shareholders and, in respect of the Mining Division, represent an advanced stage of development, consistent with the Company's philosophy of developing resources with a short time to delivery. |
