The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Namdeb Holdings to sell Elizabeth Bay Mine

Namdeb Holdings to sell Elizabeth Bay Mine

Written by Isabel Bento on 09 February 2018.

OSHAKATI, 09 FEB (NAMPA) – Namdeb Holdings Limited, a 50/50 joint venture between the Namibian Government and the De Beers Group, on Friday announced that it is to seek a buyer for its Elizabeth Bay Mine to secure its long-term future.
Elizabeth Bay Mine was commissioned in 1991, and is located along the south-western coast of Namibia near the town of Lüderitz.
The mine employs approximately 160 people and produced around 200 000 carats in 2017.
In a media statement, Namdeb Corporate Affairs Manager, Pauli ...