Wednesday , August 5 2026

Diamond

Omatjete Gold project report filed

Canadian listed gold exploration company Ongwe focused on the discovery and advancement of new gold systems has voluntarily filed a technical report prepared in accordance with National Instrument for the Omatjete Gold Project. Ongwe’s Chief Executive Officer Dave Underwood said the Omatjete Project has recently become the flagship project for …

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Namibia Feels the Pinch as Anglo Payouts Decline – Update

Anglo American’s economic footprint in Namibia contracted sharply in 2025, with its total tax and economic contribution falling 21% to US$432 million (N$7.11 billion), down from US$545 million (N$8.97 billion) in 2024, a decline that lands just as the group works to separate De Beers from the rest of the …

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De Beers introduces Desert Diamonds icons

Supported by the diamond industry’s largest marketing budget in 15 years, Desert Diamonds Icons will launch ahead of the end of year holiday season and build on the Desert diamonds campaign’s success in driving natural diamond desire At the annual JCK Las Vegas Show, the largest jewellery event in the …

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Africa Unites to Defend Natural Diamonds

Namibia has officially joined a growing African alliance to defend and reposition natural diamonds on the global stage, throwing its weight behind a bold continental strategy to future-proof the industry. At Mining Indaba 2026 in Cape Town, Namibia signed the Luanda Accord, aligning with Angola, Botswana and the Democratic Republic …

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Namibia Weighs Joining African Consortium to Bid for De Beers – Update

Namibia, the world’s eighth-largest diamond producer, is exercising caution regarding the potential acquisition of a stake in De Beers, even as other African nations move to consolidate control over the iconic mining company. The move comes as De Beers’ parent company, Anglo American, seeks to divest its loss-making diamond arm …

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Namibia Calls for Global Solidarity in Promoting Natural Diamonds – Update

The Deputy Minister Gaudentia Kröhne emphasized trade issues, economic resilience, and ethical sourcing, at the Angola round table. In order to promote the integrity, economic worth, and ethical sourcing of natural diamonds, Namibia has reiterated its commitment to the global natural diamond sector and called for increased cooperation among diamond-producing …

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Namibian Mining Sector Shines: Uranium and Gold Power Economic Growth Amidst Diamond Downturn

Namibia’s mining sector continues to be a driving force behind the nation’s economic resilience, with uranium and gold emerging as pivotal contributors to growth despite challenges in the diamond industry. The latest update from the Chamber of Mines for June highlights a robust performance, underpinning confidence in the country’s rich …

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Namibia’s Diamond Sparkle Fades Amidst Global Gloom

Namibia’s diamond industry, once a glittering jewel in the country’s economic crown, is facing a period of turbulence. A slowdown in global demand, coupled with potential new regulations, threatens to cast a shadow over the sector. Minister of Mines and Energy, Tom Alweendo, painted a sobering picture during his recent …

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Diamond Production boosting Namibia’s mining sector

Driven predominantly by the significant boost in diamond production, Namibia’s mining sector continued to expand in 2022, posting a growth rate of 21.6 percent. This is according to Namibia’s Chamber of Mines Annual Review for 2022 released recently. In addition to the strong economic performance of mining, the report says there …

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Debmarine Namibia’s new mining vessel expected to spur diamond mining growth

Because Debmarine Namibia’s new mining vessel is expected to start production in the second quarter of 2022, diamond mining is expected to grow strongly in 2022 and 2023. Debmarine Namibia’s N$7 billion diamond recovery vessel, the Additional Mining Vessel (AMV3), will retrieve diamonds from the seabed off Namibia’s coast using …

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