Tuesday, October 25, 2011

The world's largest diamond concern got 638 million dollars profit

One of the largest corporations in the world diamond De Beers again became profitable. Up to 2010 profits De Beers has made 638 million dollars against a loss of 32 million dollars a year earlier sales of the concern in the past year rose to 5.9 billion dollars for comparison, in 2009 the same indicator of the company has reached 3,8 billion U.S., reports Lenta.ru. In the De Beers explained that 2010 had been "extraordinary" for the concern. Diamond mining concern has grown to 33 million carats, compared to 24.6 million carats in 2009. It was the year before De Beers gave the status of the world's biggest diamond miners Russia's Alrosa, which produced 34.7 million carats. Company De Beers was founded in South Africa in 1880, Cecil Rhodes, who also founded Rhodesia (now - Zimbabwe). 45% of the shares owned by British mining diamond miners Anglo American, another 40% - Oppenheimer family. The remaining 15% of the securities owned by the government of Botswana. Before the crisis, De Beers provides up to 50% of world diamond production. However, due to the crisis in 2009, he significantly reduced the production and become unprofitable.

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