Debmarine, a 50/50 joint venture between world’s No. 1 diamond producer by value De Beers and the government of Namibia, will build a $468 million-diamond recovery ship, the world’s first custom-made vessel of such kind and the seventh in the company’s fleet.
The watercraft, slated to start operations in 2022, would add about 500,000 carat a year of production capacity to Debmarine Namibia’s output. This, Anglo American’s diamond unit De Beers said, represents an increase of about 35% on current output levels….CLICK for complete article
