Our operations

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Platinum

Business profile

  • The world’s leading primary producer of platinum, accounting for around 37% of the world’s newly mined platinum output

Products and uses

  • Primarily used in jewellery and autocatalysts
  • Also used in chemical, electrical, electronic, glass and petroleum industries and medical applications
Financial highlights(1)
$ million 12 months
31 Dec 2007		 12 months
31 Dec 2006
Operating profit 2,697 2,398
EBITDA 3,155 2,845
Net operating assets 9,234 7,078
Capital expenditure 1,479 923
Share of Group operating profit (%) 28% 27%
Share of Group net operating assets (%) 35% 33%

Diamonds

Business profile

  • De Beers accounts for about 40% by value of global rough diamond production
  • The world’s largest supplier and marketer of gem diamonds

Products and uses

  • About 30% of mined diamonds by weight are suitable for use in jewellery
  • Some natural stones are used for industrial purposes such as cutting, drilling and other applications
Financial highlights(1)(2)
$ million 12 months
31 Dec 2007		 12 months
31 Dec 2006
Share of associate’s operating profit 484 463
EBITDA 587 541
Group’s aggregate investment in De Beers 1,802 2,062
Share of Group operating profit (%) 5% 5%

(1) Share of Group operating profit and share of Group net operating assets for both 2007 and 2006 is based on continuing operations and therefore excludes the contribution of Mondi and AngloGold Ashanti.

(2) De Beers is an independently managed associate of the Group.