Venetia Mine, which opened in 1992, is a 450-metre-deep open-pit mine situated in the Limpopo Province in the northeast corner of South Africa. It contributes around 40 per cent of the country’s annual diamond production. From 1992 to the end of 2018, the mine recovered around 123 million carats.

Excavation work for the mine's underground extension began in 2013, and represents the biggest single investment in the country’s diamond industry for decades. Production is scheduled to commence in 2021.

venetia mine production

1.9

million carats in 2019

3.7

million carats in 2020

5.3

million carats in 2021

5.5

million carats in 2022

2

million carats in 2023

PERFORMANCE OVERVIEW

It is critical that mines adhere to best practice standards that address business, social and environmental risks.

The following certification standards are all verified by third parties to demonstrate that Venetia complies with strict and robust requirements that assess social and environmental issues, and the implementation of human rights due diligence frameworks.

  • Best Practice Principles
  • Ensuring that diamonds from DTC have met the highest professional, ethical and technical standards.
  • Learn more

Each year, emerging or evolving risks are considered, and appropriate standards are added to the BPP requirements to address these for annual verification.

  • RESPONSIBLE JEWELLERY COUNCIL
  • Addressing issues including human rights, labour rights, environmental impact, mining operations and product disclosure
  • Learn more

ISO 14001 is the international standard that specifies the requirements for an effective environmental management system. It provides a framework that an organisation can follow and subsequently be certified against. Being certified against this standard means an organisation has effectively demonstrated that they are running their organisation in an environmentally, and economically, sustainable manner.

ISO 45001:2018 is an international standard that sets out the requirements for occupational health and safety management. It provides guidance that an organisation can follow to develop their own health and safety framework and subsequently be certified against. Being certified against this standard means an organisation has effectively demonstrated that they have created the safest working conditions possible, has identified hazards and put in place controls to manage them, and has helped reduce workplace accidents and illnesses.


Date of Last BPP Audit BPP Compliant Highest Level of Finding RJC Certificate # RJC Certificate Expiry Date
1st-4th August 2022 Compliant None 0000 3893

View certificate

14th October 2024
ISO 45001:2018 CERTIFICATE # ISO 45001:2018 CERTIFICATE EXPIRY DATE ISO 14001:2015 certificate # ISO 14001:2015 certificate expiry date
OHS 695769 16 September 2026 EMS 631407 16 September 2026
Social Way Implementation Overview

Social Way 3.0 was launched in January 2020. The following foundational requirements are compulsory for all operations:

  • 1. Governance
  • 2. Review & Planning
  • 3A. Stakeholder Engagement
  • 3B. Incident & Grievance Management
  • 3C. Social & Human Rights Risk & Impact Analysis

Certain risk-based requirements are also compulsory for all operations:

  • 4A. Socio-Economic Development
  • 4B. Contractor Social Management
  • 4C. Community Health and Safety
  • 4D. Emergency Preparedness & Response
  • 4E. Voluntary Principles on Security & Human Rights

Of the context-specific requirements, the following have been screened in as applicable at Venetia:

  • 4F. Land access, displacement and resettlement
  • 4G. Site-Induced Migration
  • 4H. Cultural Heritage
  • 4J. Conflict Management

At the end of 2023 Venetia assessed against all thirteen applicable requirements of Social Way 3.0 and the results of the assessment were incorporated into the site’s 2024 transition plan.

Learn more about the Social Way.

FOCUSING ON PEOPLE 

Venetia Mine employs around 4,400 people.

To engage with local communities, the mine has held community fairs in Musina, Eldorado and Alldays in Limpopo Province. The fairs have enabled rural communities to learn more about opportunities including jobs, financial assistance for study, and a youth development programme.

To complete the underground extension, Venetia Mine has created around 1,500 jobs for local people. It has also built houses for workers in nearby Musina and is helping improve local roads.


BUS DEAL FOR VENETIA

A major deal is enabling local businesses to be involved in bussing employees to and from Venetia Mine. The mine aims to ensure businesses owned by historically disadvantaged South Africans become 40 per cent shareholders in two bus companies in the Limpopo Province.

The new companies will buy shares and participate in an eight-year contract providing transport for the mine. They will be supported through a two-year business development programme, which includes technical training. The deal will help transform the socio-economic landscape of the mining community.

PROTECTING THE ENVIRONMENT

Venetia Mine's environmental management programme helps minimise its impact on surrounding areas.

To protect the local habitat and wildlife, the mine created the Venetia Limpopo Nature Reserve, which is home to elephants, lions, cheetahs, leopards, African wild dogs, giraffes and antelopes.

The reserve has been involved in various translocation projects, including rehoming two female lions at Liwonde National Park in southern Malawi, and transporting elephants to Zinave National Park in Mozambique.


TRANSLOCATING ELEPHANTS

In July 2018, the first of around 200 elephants were translocated from the Venetia Limpopo Nature Reserve in South Africa to Zinave National Park in Mozambique.

At the beginning of 2018, the Venetia Limpopo Nature Reserve had more than 270 elephants – but can only adequately accommodate 60. The first 48 elephants arrived at Zinave in July and the remaining 150 will be moved to conservation areas in Mozambique from 2019.


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