ON DIAMONDS WE BUILD
Name: Namdeb Diamond Corporation (PTY) LTD
Ownership: Namdeb is a wholly owned subsidiary of Namdeb Holdings (PTY) Ltd, which is a 50/50 joint venture between the Government of the Republic of Namibia and De Beers.
Employees: Approximately 1800
Head Office: Windhoek
Operations: Orange River Mines, Southern Coastal Mines and Northern Coastal Mines
Core Business: Diamond exploration and mining along the south-west coast and inland areas of Namibia’s //Karas Region. The main land based operations are found in the town of Oranjemund and while additional activity takes place at satellite mines near Lüderitz and along the Orange River Several types of innovative mining techniques are employed to extract diamonds from alluvial deposits of ore bodies. Specialized equipment such as vacuum extractors, dredgers, accretion conveyors and drill platforms are used to extract the resource, create more accretion and sampling respectively.
History: Namdeb’s rich history goes as far back as 1920 when diamond-mining companies along the Orange River were amalgamated to form Consolidated Diamond Mines (CDM). In 1994 CDM entered into a new partnership with the Namibian Government and Namdeb was formed. In 2011, Namdeb’s ownership structure changed when the Government of the Republic of Namibia and De Beers signed a new structure agreement, which rearranged and equalised the shareholding structure of both Namdeb and Debmarine Namibia.