Namibia Q2 Diamond, Uranium Output Down
Reuters Africa reports Namibia's diamond output dropped to 208,000 carats as economic woes hit demand.
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De Beers Namibia Workers Will Strike
Monday, August 15, 2011
Bloomberg reports Namdeb said workers plan to start a strike tomorrow over housing allowances.
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Namibia’s Economic Growth Driven by Jump in Mining Production
Wednesday, February 23, 2011
Bloomberg reported that Namibia's economy grew by 4.6% last year, in part due to a significant growth in the mining industry.
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Diamond Miners Ramp Up Production
Tuesday, June 29, 2010
Diamond mining firms looking to cash in on higher prices and increased demand for stones are starting to ramp up production. The one major company that is curtailing operations, De Beers, is cutting production 5 percent per year for 5 years to increase mine life.
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Kimberley Process Certification Scheme has met in Namibia
Thursday, June 25, 2009
World diamond industry leaders have convened in Windhoek, Namibia’s capital, for a three-day meeting of the Kimberley Process Certification Scheme to discuss the ongoing battle against conflict diamonds. For full story, click here
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Diamond- rich Namibia’s Economy will shrink by 0.6%
Wednesday, June 17, 2009
Namibia’s central bank governor declared that the diamond-rich southern African nation’s economy will shrink by 0.6 percent in 2009 as mining slows in the global economic slump. For full story, click here
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Namibia’s diamond miner not asking for govt bailout
Tuesday, February 10, 2009
Namibia’s largest diamond miner, Namdeb, Monday maint ained that its balance heet was healthy, dismissing speculations that it had re q uested a bailout from government to strengthen its cash flow. For full story, click here
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New Namibian Diamond Mining Licenses for Bonaparte
Sunday, August 17, 2008
ASX-listed diamond mining company Bonaparte Diamond Mines reported that it has been awarded four new diamond prospecting licenses off the coast of Namibia. Michael Woodborne, Managing Director of Bonaparte Diamond Mines, stated: The development came at a time when the diamond exploration company will start “systematic marine diamond sampling operations for phosphate resource delineation in the Moeb [...]
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Reduction in Onshore Diamond Mining in Namibia is worrying
Monday, August 11, 2008
Namibia Diamond Trading Company (NDTC) CEO Shihaleni Ndjaba said: Reduction in land-based production has become worrying, as NDTC Sightholders have been complaining for the past few months about the poor composition of stones in terms of size. For full story, click here
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Tuesday, August 30, 2011