Namdeb reports waning profitability
Namdeb Holdings realised a price of US$552 per carat during the first six months of 2019, significantly higher than De Beers’ average rough diamond price.
Jo-Maré Duddy – Namdeb Holdings delivered an underlying EBITDA of US$80 million – about N$1.11 billion at yesterday’s exchange rate – in the first six months of this year,...
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