Namibia’s diamond production rises 8% in Q1 2025
Namibia’s diamond production increased by 8% in the first quarter of 2025, reaching 631,000 carats, according to production figures released ...
Tag: diamonds
Debmarine to retire two diamond vessels
Debmarine Namibia has announced plans to reduce its marine diamond recovery fleet from seven vessels to five, as the company ...
US tariffs threaten Namibia’s diamond sector
#image_title Namibia’s diamond industry faces growing risks from newly introduced U.S. tariffs, compounding existing challenges of low demand and rising ...
Diamond sector underperformance weighs on Namibia’s economic outlook – Finance Minister
Namibia’s Finance and Social Grants Management Minister Ericah Shafudah has flagged the diamond sector’s ongoing underperformance as a significant vulnerability ...
Debmarine revenue drops 38% amid diamond market slump
Debmarine Namibia has reported a 38% decline in revenue to N$8.5 billion for 2024, attributing the drop to reduced diamond ...
Namibia urges SMEs to tap into diamond sector opportunities
Namibia’s Mines and Energy ministry has called on small and medium enterprises (SMEs) to capitalize on opportunities in the country’s ...
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 ...
NAMDIA trades N$19.9bn worth of diamonds
Namib Desert Diamonds (NAMDIA) says it has generated US$1.1 billion (N$19.9 billion) in sales revenue since its inception. NAMDIA Chief ...
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 ...
Adamastor vessel arrives in Lüderitz to commence offshore diamond mining
The Adamastor diamond mining vessel has arrived in Namibian waters and is set to commence operations in Hottentots Bay. The ...
