De Beers merges South Africa and Canada mines into one business

Nompumelelo (Mpumi) Zikalala will be appointed to the new role of MD for the entity.

De Beers Group, which is 85 percent owned by Anglo American, announced on Monday an initiative to consolidate its mining assets in South Africa and Canada into one business called De Beers Group Managed Operations.

The new business will streamline operational management and identify synergies to create a sustainable business in the two countries.

De Beers Group Managed Operations will focus on Venetia Mine, Gahcho Kué Mine and De Beers Marine under one leadership team.

De Beers said the restructuring was necessitated by the company’s reduced mining footprint in South Africa and Canada due to the closures of Snap Lake and Voorspoed Mines, along with the imminent closure of Victor Mine during May 2019.

The company closed or sold mines that have reached the end of their lives or were not profitable.

Nompumelelo (Mpumi) Zikalala (pictured) will be appointed to the new role of MD for De Beers Group Managed Operations, based in Johannesburg. Mpumi will move from her current role as deputy CEO of DBCM, to take responsibility for the restructure.

Bruce Cleaver, CEO, De Beers Group, said: “We are delighted to appoint Mpumi into this new and vitally important position to focus on growing a profitable and sustainable business in both South Africa and Canada. Our businesses in these countries face very different challenges and require a leader of Mpumi’s skill, vision and experience to maximise their full potential. I am personally very pleased to see her step into this role, which she does with my full support.”

Speaking about her appointment, Mpumi said: “I am very excited to be taking on the role of Managing Director, Managed Operations. Canada and South Africa are both hugely important to the future of De Beers Group and we want to continue to grow and invest in both countries. I am looking forward to working with the teams and am very grateful to have the support of Allan Rodel, who has a wealth of experience in both the South African and Canadian mining industries.”  

Mpumi’s role will replace those currently held by Phillip Barton, CEO, DBCM, and Kim Truter, CEO, De Beers Canada, who will both leave the organisation to focus on new opportunities.

Phillip has been with De Beers Group for more than 30 years and has played a key role in mentoring Mpumi and developing her as his successor. Kim joined De Beers Group in 2015 as CEO of De Beers Canada, bringing with him 30 years of mining experience.