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Anglo American Reports Drop in Diamond Workforce in Namibia

2024-07-04 16:56:28.524000

Anglo American plc, the owner of De Beers, has reported a drop in the number of employees in Namibia to 1500 from 1600 in the previous year, according to a report by the Windhoek Observer [0132d247]. De Beers operates in Namibia through a joint venture with the Namibian government, recovering both land-based diamonds (Namdeb) and offshore diamonds (Debmarine Namibia) [0132d247]. The company's total procurement in Namibia reached US$287 million, with US$162 million spent on local procurement [0132d247]. In 2023, Anglo American paid US$144 million in taxes and royalties, and wages and related payments in Namibia amounted to US$85 million [0132d247]. The company also spent US$4 million on community and social investments in 2023 [0132d247]. Chief Executive Duncan Wanblad acknowledged the challenges faced by the company in 2023 and emphasized their commitment to long-term sustainable mining and socio-economic development [0132d247]. Anglo American aims to be carbon neutral by 2040 and reduce its scope 3 emissions by 50% by the same date [0132d247]. The company plays a crucial role in providing essential metals and minerals for the transition to a low carbon economy [0132d247].

The article also mentions other news topics such as Walvis Bay Harbour exports, GIPF asset swap, and air cargo growth [0132d247].

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