Namibia and De Beers Reach Agreement on Milestone 10-Year Diamond Sales Agreement
21 July 2015
21 July 2015
The Government of the Republic of Namibia and De Beers have today announced agreement, in principle, on the terms of a new 10-year sales agreement for the sorting, valuing and sales of all of Namdeb Holdings’ diamonds (production from Namdeb and Debmarine Namibia). The agreement will be the longest sales contract ever agreed between the two partners.
