OUR PRODUCERS

PRODUCER’S ROLE

A diamond producer in South Africa means any person entitled to win or recover diamonds in terms of sections 19, 25 and 27 of the Mineral and Petroleum Resources Development Act (Act No. 28 of 2002). Stated simply it is any legal entity that lawfully mines diamonds in South Africa.

The Diamond Second Amendment Act, 2005 | (extracts) Section 59B (2)
At the end of every production cycle, a diamond producer shall offer all the unpolished diamonds produced by him or her in that production cycle to the State Diamond Trader and specify the fair market value of those diamonds. This is to enable the State Diamond Trader to inspect such diamonds for the purpose of selecting diamonds for purchase as contemplated in subsection (1).

OPERATIONAL PLAN

In addition, the State Diamond Trader requires that all diamond producers complete an Operational Plan which indicates the terms of business between the State Diamond Trader and the producer.

DOWNLOAD OPERATIONAL PLAN