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Diamonds play a key role in socio economic growth, says De Beers Group CEO

De Beers Group CEO, Bruce Cleaver, believes that diamonds bring about socio economic growth boosting local economies, but stresses there is still room f...

Dale Benton
|Jul 12|magazine3 min read

De Beers Group CEO, Bruce Cleaver, believes that diamonds bring about socio economic growth boosting local economies, but stresses there is still room for improvement.

Writing in his blog Mr Cleaver said: “I have been privileged to see for myself the good that diamonds have done for communities and governments around the world where we operate. They make positive contributions to countries that have used their revenues wisely, to communities that surround operations and to the beneficiaries of the practical benefits of responsible mining and ethical sourcing. Diamonds do good, but I think they can – and should – do better.”

Mr Cleaver added: “As partners, we must be bolder and braver, broaden our horizons, and accept that solutions to the sector’s challenges may lie outside of it, such as in supply chain efficiencies and marketing strategies. We need to be open, to learn from others, and willing to change.”

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