Namdeb's profitability plummets
20 February 2020 | Business
Results released by De Beers this morning show Namdeb had to weather a drop in production and a lower realised price.
De Beers – who owns 50% of the local mining giant – warned against the impact of the coronavirus on diamond demand in 2020.
The Namibian government owns the other half of Namdeb Holdings.
Read the full report tomorrow in Market Watch.