Doctor
Annual review 2007
years of
diamond production
Namdeb Annual Review 2007
1
years of
Contents
Vision, mission and values 100 years of history How diamonds benefit Namibia Organisational profile Chairman’s statement Financial performance Namdeb 's year in review Managing director’s review Economic performance Building a sustainable Oranjemund
diamond production
Our vision
Namdeb – the world’s leading alluvial-diamond mining company.
28 30 36 42 50 52 53 54 55 55
1 2 4 6 8 10 14 16 22 26
Preferential procurement Social performance Environmental performance Associate companies Corporate governance Board of directors Alternate directors G;ossary Statutory information Contact details
Our mission
We produce diamonds profitably, sustainably and responsibly to the benefit of our shareholders and stakeholders, whilst making a lasting contribution to Namibia.
Our values
EXcellence Care Integrity TEamwork Diversity = EXCITED
This Annual Review covers the period 1 January 2007 to 31 December 2007, and includes information on Namdeb’s operations, its subsidiaries and the contributions made to production by contractors. A separate, more detailed report, to stakeholders, that will highlight our contribution to sustainable development, will be presented later in the year. For more information on this or any other documentation on the company, please visit www.namdeb.com or contact External Affairs and Corporate Communications.
EXcellence
The quality of being very good at something
Care
To do something fairly and with great attention
Integrity
The quality of being honest and firm in your moral principles
TEamwork
The ability to work well together
Diversity
Recognising the value of including all
www.namdeb.com
2
Namdeb Annual Review 2007
Namdeb Annual Review 2007
3
years of
history
Sperrgebiet shipwreck is the find of the century for Namibia
While the Namibian nation was marking the centenary since
years of
diamond production
Namdeb Annual Review 2007
1
years of
Contents
Vision, mission and values 100 years of history How diamonds benefit Namibia Organisational profile Chairman’s statement Financial performance Namdeb 's year in review Managing director’s review Economic performance Building a sustainable Oranjemund
diamond production
Our vision
Namdeb – the world’s leading alluvial-diamond mining company.
28 30 36 42 50 52 53 54 55 55
1 2 4 6 8 10 14 16 22 26
Preferential procurement Social performance Environmental performance Associate companies Corporate governance Board of directors Alternate directors G;ossary Statutory information Contact details
Our mission
We produce diamonds profitably, sustainably and responsibly to the benefit of our shareholders and stakeholders, whilst making a lasting contribution to Namibia.
Our values
EXcellence Care Integrity TEamwork Diversity = EXCITED
This Annual Review covers the period 1 January 2007 to 31 December 2007, and includes information on Namdeb’s operations, its subsidiaries and the contributions made to production by contractors. A separate, more detailed report, to stakeholders, that will highlight our contribution to sustainable development, will be presented later in the year. For more information on this or any other documentation on the company, please visit www.namdeb.com or contact External Affairs and Corporate Communications.
EXcellence
The quality of being very good at something
Care
To do something fairly and with great attention
Integrity
The quality of being honest and firm in your moral principles
TEamwork
The ability to work well together
Diversity
Recognising the value of including all
www.namdeb.com
2
Namdeb Annual Review 2007
Namdeb Annual Review 2007
3
years of
history
Sperrgebiet shipwreck is the find of the century for Namibia
While the Namibian nation was marking the centenary since
Cited: Strategic review In our previous year’s report (2006), we outlined the objectives for a comprehensive strategic review for Namdeb land operations, which we believe will deliver a turn-around strategy through project Sida Ei !gûs continued (compared to 0,35 in 2006)