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De Beers
De Beers Finds Buyer for Namibia Mine
De Beers has sold the Elizabeth Bay mine for NAD 120 million ($8.2 million), a year after it ceased operations at the deposit. The miner chose Lewcor Group, a 100% Namibian-ownedconsortium, following an extensive search for...
Mining Sep 15, 2019 Rapaport News
Namibia
Namibia Predicts Diamond-Sector Slowdown
Economic growth from Namibia’s diamond-mining sector willslow this year due to depletion of resources from inland deposits, its nationalbank said. While the industry’s contribution to gross domestic product(GDP) will increase 11% in 2018, that...
Mining Jul 09, 2018 Rapaport News
De Beers Seeks Buyer for Namibia Mine 150
De Beers Plans to Sell Namibia Mine
De Beers’ joint venture with the Namibian government is seekinga buyer for its Elizabeth Bay operation, as the miner diverts resources to its marineprojects. Namdeb closed ElizabethBay between 2009 and 2011, when it revived it and...
Mining Feb 12, 2018 Rapaport News
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