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I think this is a great move because the company is planning to generate more capital through the sale of some of its production operations. De Beers…
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Download file to see previous pages The Kimberly Mines, which is up for sale, deals with the extraction of diamond for export purposes (Miller and MacDonald, n. p).
However, the article does not offer cost analysis of the mine in regards to the expected revenues and investor benefits. This is vital to for more buyers to invest to boost the recovery business in the African state. It indicates the aspects that hinder the management of De Beers from managing several mines in the country. The environmental analysis is appropriate because Kimberly Mines is located in a prime area where transportation and extraction is efficient (Miller and MacDonald, n. p). The function of the mine in pulling stones from the old-mine can be converted into sustainable utilization within the diamond industry (Miller and MacDonald, n. p). For instance, the stones are essential for construction purposes by other users. This is because the contractors cannot easily access the minerals and have to dig deeper to trace the diamonds in the derelicts. I like the article and would encourage the writers to consider follow-up of the sale. Thank you so ...Download file to see next pagesRead More
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