The Social Impact Of Diamond Mining -Is It Time To Revisit The Scorecard?

In South Africa, diamonds are mined predominantly in rural areas. Kimberlitic diamonds dominate in Limpopo and the Northern Cape Provinces whereas alluvial diamonds are mainly sourced from the North West and Northern Cape Provinces. There are a few large and medium sized diamond companies (De Beers, Petra Diamonds, Trans Hex, Rockwell and Alexkor). There are many smaller companies involved in diamond mining, mostly alluvial diamond mines. The nature of alluvial diamond deposits is that they are aerially more extensive and thus their surface impacts are more pervasive: The recent downturn in diamond prices has resulted in the sudden cessation of mining at many small and medium diamond operations. The South African Mining Charter requires all mines, including diamond mines, to subscribe' to .the following empowerment objectives: