Namibia’s G7 certification to be determined after February 2025
The Ministry of Mines and Energy says Namibia’s G7 diamond certification will not be decided until after February next year. ...
Tag: rough diamonds
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 ...
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 ...
Lab-grown diamonds, weak demand hit Namibia’s rough diamond exports
Namibia's rough diamond exports experienced a slight annual decline in earnings, primarily due to lower realised prices and increasing competition ...
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 ...
NAMDIA eyes Vietnam and Hong Kong
Namib Desert Diamonds (NAMDIA) says it is strategically expanding its horizons to the Far East markets, with a keen focus ...
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% ...
Namibia records N$1.2bn decline in October diamond exports
Namibia’s diamond exports decreased by N$1.2 billion for October as diamond prices in the country have been declining in recent ...
