Company News: Alexkor
Updated: 08 Aug 2011
Alexkor was established in 1989, when the State alluvial Diggings was taken over from the Government and transformed into the Alexander Bay Development Corporation. Since November 1992 Alexkor Limited has been run as a public Company with the state as sole shareholder. While Alexkor, as a commercialized state asset, is not perceived as a strategic asset in the national sense, it has significant strategic importance for the Namaqualand region.
The core business of Alexkor is the mining of diamonds on land, along rivers, on beaches and in the sea along the north-west coast of South Africa. These activities are complemented by geology, exploration, ore reserve planning, rehabilitation and environmental management.
The non-core business activities comprises of residential services, community services, outside engineering services, external transport services, guest houses, fuel station and an airport.
The management of considerable investment funds, together with the traditional supporting services (information system, human resources, etc.), constitutes additional non-core business activities.
Alexkor’s distinctive competencies are its quality of diamonds and it’s unique land and mineral resources. Over the life of the mine approximately 10,000,000 cts of gemstone quality diamonds have been recovered.
The core business of Alexkor is the mining of diamonds on land, along rivers, on beaches and in the sea along the north-west coast of South Africa. These activities are complemented by geology, exploration, ore reserve planning, rehabilitation and environmental management.
The non-core business activities comprises of residential services, community services, outside engineering services, external transport services, guest houses, fuel station and an airport.
The management of considerable investment funds, together with the traditional supporting services (information system, human resources, etc.), constitutes additional non-core business activities.
Alexkor’s distinctive competencies are its quality of diamonds and it’s unique land and mineral resources. Over the life of the mine approximately 10,000,000 cts of gemstone quality diamonds have been recovered.
Business Category Exploration; Mining
Regions of Operation Southern Africa
Web: www.alexkor.co.za
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Alexkor Limited Private Bag X5
- Alexander Bay
- 8290
- South Africa
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