The construction of Debmarine Namibia’s new N$7 billion diamond recovery vessel, Additional Mining Vessel #3 (AMV3), is nearing completion, according to the local media.
New Era reports that the main engine of the vessel, being constructed in Romania, was successfully started for the first time in May.
Delivery of the vessel was expected in July when the ship will embark on its month-long voyage to Cape Town.
The AMV3 will be fitted with its recovery equipment in Cape Town and it is expected to boost Debmarine’s output by about 500 000 carats.
“Some of the highest quality diamonds in the world are found in the sea off the Namibian coast. With this investment, we will be able to optimise new technology to find and recover diamonds more efficiently and meet consumer demands across the globe,” De Beers chief executive Bruce Cleaver was quoted as saying.
The construction of the vessel began in May 2019.
Debmarine Namibia currently operates five diamond recovery vessels as well as one exploration and sampling vessel.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
