February 9, 2018 / 9:14 AM / 11 days ago

De Beers diamond venture puts Namibian mine on sale

WINDHOEK (Reuters) - Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put the Elizabeth Bay Mine on sale, a company spokesperson said on Friday. 

The sale comes three weeks after the diamond miner wrote to staff offering voluntary redundancies that will affect at least 130 of its 1,700-strong workforce.

Reporting by Nyasha Nyaungwa; Editing by James Macharia

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