Diamond Mines For Sale in Namibia

Diamond Mines For Sale in Namibia

What are Diamond Mines?

There are four basic kinds of diamond mining: alluvial mining, pit mining, underground mining, and marine mining. Compared to most of the mining industry, diamond mining has a relatively small environmental footprint because no chemicals are used.

Diamond Mines For Sale in Namibia

We have curently the sole mandate to sell this diamond mine with its valid mining license. The new owner will buy this mine for US$ 10 000 000 …

Frequently Asked Questions

Who owns diamond mines in Namibia?

In 1994, CDM and the Government of Namibia agreed to form a new company, Namdeb Diamond Corporation. The company is equally owned (50:50) by the Government of Namibia and De Beers.

Can you buy diamonds from mines?

The mining companies organise sales sessions (“sights”) where the diamonds, which have not been processed since they were mined, can be purchased by diamond crafters. These are exclusive events, by invitation only. The guests may choose to purchase the diamonds themselves or to sell them to smaller traders.

What is the price of diamond in Namibia?

Namibia Diamond Price Today

WeightDiamond PriceDate
1 CaratNAD 13,617.2906-07-2023
0.5 CaratNAD 6,808.6406-07-2023
0.75 CaratNAD 10,212.9606-07-2023
0.25 CaratNAD 3,404.3206-07-2023

Who buys mined diamonds?

Gemstone diamonds are typically mined from areas where residents don’t buy diamond jewelry and are then sold to countries that can clean and process the gems. The USA, India, and China are some of the world’s largest buyers of diamond jewelry. They also have some diamond mines spread across several countries.

Are old mine diamonds cheaper?

Old mine cut diamonds, for the most part, are pretty affordable. They are priced based on the same 4Cs as modern diamonds, but because their quality tends to be on the lower end of the scale (a lot of the higher color/clarity stones have been recut to reflect today’s standards), they’re usually more affordable.

How much is a mining diamond worth?

Diamond prices can vary based on the size and quality of the stone. For instance, the average price-per-carat at one mine can be upwards of US$500 while the price-per-carat at another could be US$90. This difference comes down to the natural assortment of diamonds being mined at each operation.

What is the best diamond in Africa?

The Cullinan Diamond is the largest gem-quality rough diamond ever found, weighing 3,106 carats (621.20 g), discovered at the Premier No. 2 mine in Cullinan, South Africa, on 26 January 1905. It was named after Thomas Cullinan, the owner of the mine.

How profitable are diamond mines?

In 2021, the average operating profit margins for rough-diamond sales were between 22 and 24 percent.

Can diamond be sold like gold?

A long answer to this question will take you through the basics of trading in (buying and selling) diamonds, but the answer will remain yes. However, the resale value of diamond jewellery or loose diamonds does not fluctuate like the price of gold. Instead, it depends on the demand and supply of these precious stones.

Do diamonds change with age?

As you can see, a diamond’s color is determined by its atomic structure. This structure is produced by a series of complex chemical reactions that happen deep within the earth. And since it’s impossible to change a diamond’s chemical makeup, it can’t change color over time.