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47

2

2

4

5

7

10 13

7

11 16 21

Source: SNL Metals & Mining's Corporate Exploration Strategies 2013; includes grassroots, late stage, and mine site exploration expenditures

F I G . 3 0 :

GLOBAL D I AMOND EXPLORAT I ON BUDGETS , 200 1 - 20 1 3 BY

COMPANY TYPE

0

200

400

600

800

1,000

2012 2013

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

ALL MINING EXPL.

EXPENDITURE

USD billion

2

USD million (nominal)

i

A company with adjusted annual nonferrous mining-related revenue of US$500m or more

ii

A company whose principal means of financing exploration is through equity financing

iii

Entities not included in the above categories

Other

iii

Majors

i

Juniors

ii

14

14

54

4

1

7

0

0

1

ii

2

i

0

1

0

1

13

1

0

iii

F I G . 2 9 :

SHARE OF GLOBAL D I AMOND EXPLORAT I ON SPEND BY COUNTRY

20 1 3 - 20 1 4

More than 50% share

5–49% share

0.1–4.9% share

None

Per cent

i

Guinea: 0.5%; Sierra Leone: 4%;

Liberia: 0.5%

ii

Lesotho: 0.9%

iii

Paraguay and Brazil: 0.1%

Note:

Total may not sum due to rounding

Source: De Beers estimates based on company publications and websites, SNL Metals & Mining’s Corporate

Exploration Strategies 2013; includes grassroots, late stage, and mine site exploration expenditures