Namibia’s Debmarine reports drop in output but new mining ship to be built
The ship, with the capacity to add 500,000 carats of annual production, will be the seventh in the Debmarine Namibia joint venture’s fleet
08 March 2021 - 18:07
Windhoek— Debmarine Namibia, a subsidiary of Anglo American’s diamond unit De Beers, on Monday reported a 13% drop in production to 1.125-million carats in 2020 as demand slumped during the Covid-19 pandemic.
Namibia has the richest known marine diamond deposits in the world, and is among the top 10 producers of gem-quality diamonds globally. Production, however, has been severely hampered by weak demand on the international market...
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