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WALVIS BAY, Namibia (AP) — Namibia and the De Beers company have inaugurated a $157 million vessel designed to find diamonds more easily off the country's Atlantic Ocean coastline.
Germany, owing to its colonial occupation of Namibia, suddenly controlled as much as 30% of the world’s diamond supply. There was major money at stake.
Namibia has lowered its economic growth forecast for this year, Finance Minister Iipumbu Shiimi said on Wednesday, citing a slump in demand for diamonds and a severe drought.
Namibia plays a key role in the worldwide search for essential minerals. This country in Southern Africa has large deposits of uranium, lithium, cobalt rare earth elements and sea diamonds.
Step inside the haunting remains of Kolmanskop, a once-thriving diamond mining town in Namibia, now slowly reclaimed by the ...
Namibia is one of Africa's top five diamond exporters, right behind Angola, Botswana, and South Africa. In 2022, the country exported more than $940 million worth of diamonds.
WINDHOEK, Namibia (AP) — Dina Muhimba handles hundreds of diamonds every day in what she describes as a "no-mistake job." Muhimba, who sorts gemstones at the Namibia Diamond Trading Company ...
Namibia, where workers extracted 2.1 million carats in diamonds in 2022, is embarking on a campaign to tout natural diamonds as environmentally sound and holding greater value for the money.
WINDHOEK, Namibia (AP) — Dina Muhimba handles hundreds of diamonds every day in what she describes as a "no-mistake job." Muhimba, who sorts gemstones at the Namibia Diamond Trading Company ...