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Namibia strategise to boost local ownership

Namibia, a major producer of diamonds and uranium, announced on Wednesday that locals who hold mineral exploration licenses would no longer be able to sell them to foreigners, in an effort to reduce speculation in the field. Mines and Energy Minister Tom Alweendo revealed that effective April 1, Namibian mining …

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Diamonds, uranium projected to spearhead Namibia’s recovery

According to the Bank of Namibia (BoN), diamond output was down 14,7 per cent in real terms in 2020, and growth is projected at 2,8 per cent in 2021 and 16,9 per cent next year. Namibia expects robust growth in diamond and uranium mining this year after the two sub-sectors …

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Debmarine Namibia diamond vessel fitted with a helideck

Debmarine Namibia’s latest additional recovery vessel has started to take a perfect shape after the installation of the helideck a week ago in Damen Mangalia Shipyard, Romania. Helideck with the diameter of 22.8m with a total weight 49.2 tonnes will be the largest in the Debmarine Namibia fleet and designed …

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De Beers co-innovate geofencing solution to enhance crew safety in offshore mining

De Beers Marine South Africa and Orange Business Services have installed and tested a customised IoT solution to provide geofencing to maintain safe working distances for crew members around heavy machinery involved in marine diamond mining The solution was successfully piloted on board the MV Mafuta, an offshore diamond mining …

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De Beers’ new marine diamond mining vessel expected in 2022

The largest and most technologically advanced marine diamond mining vessel is expected to be delivered to Namibian Marine Diamond Miner Debmarine Namibia in 2022 – a joint venture between the Namibian Government and the De Beers Group. The ship under construction will be fitted with an integrated power system kit …

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Diamond Producers to continue operations despite COVID-19 outbreak

Even in these uncertain times, traditional diamond producers remain confident about future demand. Despite the current COVID-19 outbreak, on Friday (27th March), Anglo American announced that production will continue across several African diamond assets with considerably reduced employee numbers. Individual mines will continue operating with only 50% of workers remaining. …

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IIA Technologies infringed element six synthetic diamond rights

Singapore courts have ruled that IIa Technologies have infringed an Element Six patent for proprietary synthetic diamond products and their method of manufacture. The patent relates to the production of material which is desirable both for use in laboratory-grown diamond jewellery, and in optical applications such as infrared spectroscopy and …

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De Beers, RDI Diamonds inks deal

International diamond giant, De Beers Group Industry Services has announced a new collaboration with leading US wholesaler, RDI Diamonds Inc.   According to the company, RDI Diamonds Inc is to become its premier source of diamond grading reports.   The partnership marks De Beers Group Industry Services’ first step into …

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Namdeb seeks tax break

NAMDEB is confident that the government would grant the company tax breaks so that it extends its land-based operation beyond 2023. Namdeb is a joint venture between the Namibian government and Anglo American’s De Beers Group, it currently pays a 10% royalty on its sales and 55% corporate tax on …

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Petra Diamonds establishes second artisanal mining initiative

London-listed Petra Diamonds launched its Artisanal Small-scale Mining (ASM) initiative in the Free State. The launch follows a process of consultation and cooperating with relevant stakeholders, including the Department of Mineral Resources and Energy, the Letsemeng local municipality, and the community of Koffiefontein itself. During the project, the aim was …

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