1. State Diamond Trader Presentation PPC: Mineral Resources
Ms Futhi Zikalala
CEO, SDT
Feb 2012

2. State Diamond Trader - Vision
A leading catalyst for the transformation of a sustainable diamond beneficiation industry

3. State Diamond Trader - Mission
Ensure acquisition of and equitable access to rough diamonds with particular focus on HDSAs.
Support the growth of the industry through relevant interventions
Establish and maintain a client base of local diamond beneficiators

4. State Diamond Trader – Strategic Goals
To ensure continued sustainability of the State Diamond Trader
To be an efficient and professionally managed organization
To promote and uphold efficient governance
To strive for a constant and suitable supply and access to rough diamonds

5. SDT Performance

6. Rough Diamonds Inspected 2010-11

7. Rough Diamonds purchased 2010-11

8. State Diamond Trader - Research
The preferred rough diamonds for beneficiation are;
Rough diamonds larger than 0.67 carats
Producing polished diamonds of SI1 quality and up
Full range of colours – excluding dark browns

9. Sales

10. Sales
L/M = Large and medium sized beneficiators. SDT clients with established factories employing more than 10 people
Mandate = clients from HDSA backgrounds and companies with greater 50% HDSA ownership. Employing less than 5 people, these clients are supplied in terms of giving equitable access to rough diamonds
Niche = other beneficiators, clients from non HDSA backgrounds, employing less than 10 people
Other = clients supplied under the terms of the Interim Sales Strategy only

11. Sales

12. Sales

13. Strategic Goals – performance summary
To ensure continued sustainability of the State Diamond Trader
The State Diamond Trader has proved itself as a viable commercial operation during the most severe downturn the industry has seen in living memory.
With no recourse to public funding, the State Diamond Trader has had to find innovative methods to ensure its sustainability

14. Strategic Goals – performance summary
To be an efficient and professionally managed organization
The State Diamond Trader has spent its formative years creating capacity, developing skills and instigating procedures that enable it to establish itself in the diamond industry

15. Strategic Goals – performance summary
To promote and uphold efficient governance
All trading practices are controlled by relevant internal policies and procedures that have been externally audited
Its annual performance has been audited by the AG and a positive report was issued

16. Strategic Goals – performance summary
To strive for a constant and suitable supply and access to rough diamonds
The State Diamond Trader has ensured that it fulfilled its mandate by inspecting over 90% of the diamonds produced in RSA and purchasing approximately 9% by value and volume.
The question of suitability has been addressed in research undertaken and impacts on a wider debate on beneficiation

17. HR capacity and training
The State Diamond Trader trained 4 South African youth through:
sending them for theory training on diamond sorting and valuing for 6 months
employing them as trainees for practical training within the SDT under the supervision of an experienced diamond technical team
the resolution was to employ yet another four young people in 2011/2012 financial year, which was done.

18. HR capacity and training (cont.)
In addition, four other young people were in the employ of the SDT and all in training in various sections of the SDT.

19. Investment in & support for clients
The SDT afforded 8 (eight) Small Micro and Medium (SMME) clients the opportunity to exhibit at the annual Jewellex Africa exhibition which took place in July 2010.
The exhibition stand was fully sponsored by the SDT.
The exhibition stand sponsorship was done again in July 2011 for its clients.

20. Investment in & support for clients
Clients who exhibited were afforded the platform to network and build relationships with downstream markets for their polished diamonds.
This confirms the commitment of the SDT to support the growth of its clients and promoting beneficiation of South Africa’s rough diamonds.

21. The State Diamond Trader