Namibian jewellery designers shine at 2024 Shining Light Awards
Three Namibian jewellery designers were among the winners of the 2024 Shining Light Awards. Juliana Fransisko claimed first place in ...
Tag: De Beers
Bank 0f Namibia warns of sustained diamond pressures beyond 2024
The Bank of Namibia (BoN) has warned that ongoing challenges in the mining sector, particularly the diamond industry, could extend ...
De Beers reports 14% decrease in Namibia’s diamond production
De Beers Group says Namibia’s diamond production dropped by 14% in the third quarter of 2024, with total output reaching ...
Nigeria’s Alpha Petroleum secures N$3.5bn Namdeb mining contract
Nigerian-based Alpha Petroleum has announced that it has secured a N$3.5 billion (US$200 million) diamond mining contract in Namibia with ...
Vessel maintenance costs Debmarine Namibia N$3bn annually
Debmarine Namibia's Chief Executive Officer, Willy Mertens, says the marine diamond miner, spends approximately N$3 billion annually on vessel maintenance, ...
Namibia’s diamond production declines by 11% in Q2
De Beers Group reported a 11% decline in diamond recovery to 0.56 million carats for its Namibian operations in the ...
Namibia appeals to Belgium King over G7 rough diamond restrictions
Namibian President Nangolo Mbumba has reached out to King Philippe of Belgium to address restrictions imposed by the G7 countries, ...
NDTC pays out N$2.8bn to shareholders since inception
The Namibia Diamond Trading Company (NDTC) has declared a total of N$2.8 billion in dividends to its two shareholders since ...
Namibia eyes greater share of diamonds mined under De Beers’ agreement
Namibia is preparing to negotiate with De Beers to secure a larger stake from diamonds mined within its borders. The ...
Namibia produces 2.3m carats of rough diamonds in 2023, up 9%
Namibia produced 2.327 million carats of rough diamonds last year, according to latest figures released by De Beers, a 9% ...
