February 9, 2018 / 8:57 AM / 6 months ago

De Beers diamond venture puts Namibian mine on sale

WINDHOEK, Feb 9 (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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