De Beers Bursaries
De Beers Bursaries – De Beers will be awarding a limited number of bursaries in 2015 and is inviting un-bonded students studying at University or Universities of Technology to apply for bursaries available in the following disciplines:
De Beers Bursaries Available
•Metallurgy/Chemical Engineering – 2nd or 3rd year students
•Mining – 2nd or 3rd year students
•Geology – 2nd or 3rd year students
•Grade 12 with a minimum “C” symbol in both Mathematics and Science on Higher Grade;
•Already enrolled in the required field of study;
•Preference will be given to students from the Free State, Northern Cape and Limpopo Provinces.
•The Bursary has a Contractual Employment obligation.
•Students are responsible for their own registration for 2015.
How to Apply
•a complete and up-to-date Academic Record
About De Beers
The De Beers Group of Companies is an international corporation that specialises in diamond exploitation, diamond mining, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is currently active in open-pit, large-scale alluvial, coastal and deep sea mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa and Canada. Until the start of the 21st century, De Beers effectively had total control over the diamond market as a monopoly. Competition has since dismantled the complete monopoly, though De Beers Group still sells approximately 35% of the world’s rough diamond production through its global sightholder and auction sales businesses.
The company was founded in 1888 by British businessman Cecil Rhodes, who was financed by the South African diamond magnate Alfred Beit and the London-based N M Rothschild & Sons bank. In 1926, Ernest Oppenheimer, an immigrant to Britain and later South Africa who had earlier founded mining company Anglo American plc with American financier J.P. Morgan, was elected to the board of De Beers. He built and consolidated the company’s global monopoly over the diamond industry until his death in 1957. During this time, he was involved in a number of controversies, including price fixing and trust behaviour, and was accused of not releasing industrial diamonds for the U.S. war effort during World War II.