ESG

De Beers and Namdeb agree new sales accord

The world’s second largest diamond producer by output has agreed a new 10-year sales agreement with the Namibian government that will see the African country get more rough diamonds to beneficiate and sell.

Namdeb recovers rough diamonds from offshore vessels in Namibia

Namdeb recovers rough diamonds from offshore vessels in Namibia

Under the accord, Namdeb Holdings – a 50:50 joint venture between De Beers and the Namibia government – will be given the rights to sort, value and sell diamonds for the next decade. On an annual basis,...

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