The Namibia Diamond Consumer Confidence awareness campaign was officially launched by the Hounourable Erkki Nghimtina, Minister of Mines and Energy yesterday. The Project is an effort by the diamond industry to raise awareness on the issues of conflict diamonds and to tell the story of the goods that diamonds do for Namibia.
Minister Nghimtina said: “It goes without saying that the mining industry in Namibia has been, since the turn of the century, one of the corner stones of the economy.”
According to the Minister, Namibia is well known for gem quality diamonds as well as a wide range of other minerals. “In contributing approximately 12.5% to the GDP, mining continues to be an important generator of export and foreign exchange, and acts as a catalyst towards the provision and extension of infrastructures within the country. In Namibia, diamonds account for more than 40% of our country’s export revenue, 7% of the government revenue and more than 10% of GDP,” he said.
The occasion was attended by dignitaries from the embassies of Russia, Brazil, UK and industry leaders in the diamond fraternity.
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