In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.A-Cap Resources says it is planning to commission its uranium project in Letlhakane, Botswana in 2011.
A-Cap Resources which failed to complete drilling work at Letlhakane during the first quarter of the year is now ramping up its activities to prepare for production.
Letlhakane is estimated to contain 98 million pounds of uranium.
Botswana, which is the world’s leading diamond producer by value is set to attract a lot of international attention with its uranium, which is being sought after for nuclear power generation.
In total, 28 companies hold concessions for radioactive minerals throughout Botswana.
Uranium prices rose ten times between 2003 and 2007 - from less than USD10 per pound in 1998 to a peak of USD100 per pound in 2007.
The price had slightly declined in line with falling exploration activities worldwide and is currently forecast to end 2009 around USD70 per pound.
Mathew Nyaungwa, Rough&Polished from Namibia
Rough&Polished
Register
Sign in