We conduct marine-based diamond recovery around 90m to 150m below sea level in the Atlantic Ocean off the Namibian coast. We operate a fleet of seven vessels, capable of exploring for and retrieving diamond-bearing materials from the seabed …

Our global approach to diamond mining spans two continents and four countries – Botswana, Canada, Namibia and South Africa. Diamonds offer huge economic and social benefits for the countries where we operate.

It operates in 35 countries with mining taking place in Botswana, Namibia, South Africa, and Canada. It also has an artisanal mining business, Gemfair, which operates in Sierra Leone. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly. [4] .

Sep 3, 2018 · In Namibian waters off the west coast of Southern Africa, enormous mining vessels suck diamonds from the seabed. These ships operated by Debmarine Namibia mine 24 hours a day, 365 days a year...

The Namibia Diamond Trading Company (NDTC) is a 50/50 joint venture between the Republic of Namibia and the DTC; the mining and sorting arm of De Beers. Namibia is a known source for gem quality diamonds and is the fourth-largest exporter of nonfuel minerals in Africa. [1]

22 hours ago · De Beers increased its capital expenditure in Namibia to N$754 million (U$41 million) in 2024, up from N$643 million (U$35 million) the previous year, even as diamond production and financial performance declined. Namibia's total diamond production in 2024, dropped by 4% to 2.23 million carats, compared to 2.33 million carats in 2023. The average price

Jul 21, 2015 · The Government of the Republic of Namibia and De Beers have today announced agreement, in principle, on the terms of a new 10-year sales agreement for the sorting, valuing and sales of all of Namdeb Holdings’ [1] diamonds …

Feb 19, 2024 · Namibia is preparing to negotiate with De Beers to secure a larger stake from diamonds mined within its borders. The current arrangement allows Namibia to retain 15% of the diamonds mined by Debmarine and Namdeb for value addition.

Dec 8, 2021 · Windhoek, Namibia—De Beers recently debuted its new diamond recovery vessel at an inauguration ceremony in Namibia. The ship, named the “Benguela Gem,” will begin operations this week, ahead of schedule, the company said.

Aug 9, 2022 · De Beers introduced its new diamond recovery vessel named the “Benguela Gem” in Namibia. It’s the latest addition to Debmarine Namibia’s fleet, which recovers diamonds from deep within the ocean.