De Beers Diamonds….Calgary’s New Best Frie...

From the Toronto Star, “De Beers, one of the world’s largest diamond companies, is leaving Toronto and moving its Canadian headquarters to Calgary this June.

There are currently 80 to 120 people working at De Beers Toronto headquarters.

Many will be offered the chance to relocate, said Tom Ormsby, De Beers Canada director of external and corporate affairs.

“It is a Canadian-wide restructuring. It is company-wide. The bulk of the roles won’t change. The roles lost are more of the support side of things and we haven’t got a final number,” Ormsby said.

De Beers employs about 1,000 people in Canada and plans on growing as its third mine readies for opening, he said.

Minister of Northern Development and Mines Michael Gravelle said the move is a business decision, but he’s pleased it will not impact the Timmins office or production and technical personnel at the Victor Mine, Gravelle said in an emailed statement to the Star.

The open pit Victor diamond mine, is De Beers first diamond mine in northern Ontario, is reaching the end of its lifespan in four years. Victor has a surface area of 15 hectares and produces about 600,000 carats a year. The Ontario diamonds are particularly sought after for their clarity.

The Calgary move will happen in the second half of next year, just as De Beers new mine Gahcho Kué comes online, Ormsby said.”

We are particularly excited to welcome a new head office in Calgary and one that makes Calgary a bit more diversified…  We look forward to working with De Beers as well as other companies relocating to Calgary.  Citysearch specializes with relocation clients moving to and within Calgary.   If we were to rate Citysearch’s property portfolio, most would say ‘five diamonds’…