Key points
- Debmarine Namibia is owned equally by the Government of the Republic of Namibia and De Beers, and mines diamonds from the seabed off Namibia’s west coast.
- The offshore mining license area covers about 6,000 square kilometers, of which roughly 74 square kilometers have been mined since operations began in the early 1990s; the deposit is estimated at more than 80 million carats.
- The company operates a fleet of five mining vessels that recover diamond-bearing material from depths of 70 to 140 meters, including its largest and most technologically advanced vessel, recently acquired from De Beers Consolidated Mines and renamed Mafuta.
- 77% of Debmarine Namibia’s workforce are Namibian citizens, and the company describes itself as the largest diamond producer in Namibia and a major contributor to the country’s GDP.
