Mining News

Namdeb to extend land-based operations’ mine life to 2042

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Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, have approved a new long-term business plan that will extend the current life-of-mine of its land-based operations as far as 2042. Under the previous business plan, the land-based Namdeb operations would have come to the end of their life at the end of 2022 due to unsustainable economics.

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