De Beers, six others form association

5th June 2015 By: Creamer Media Reporter

De Beers, six others  form association

Photo by: Duane Daws

De Beers has partnered with six other diamond miners to establish the Diamond Producers Association (DPA), which would actively engage with industry and nonindustry organisations to promote the interests of the diamond sector.

Funding Members The other founding members are Alrosa, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamonds and Gem Diamonds.

The DPA would have a corporate registration in London and would work towards maintaining and enhancing consumer demand for and confidence in diamonds; provide a reliable source of industry information, including trade and consumer research; act as the unified voice of diamond producers; communicate the role and contribution of diamond producers to the diamond sector and broader society; and share best practices in health and safety, supply chain integrity and environment management.

It would operate in compliance with all applicable competition or antitrust laws.