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Diamond mining moves offshore and into the deep.

Of the coast of Namibia, in barely 200 meters of water, an entirely different kind of deep-sea mining is taking shape. The target is neither precious metals, rare earth elements, or the minerals destined to supply next-generation batteries and power cells, but diamonds. The company is De Beers, the world’s largest diamond producer, and they […]

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Guptaleaks

#GuptaLeaks: A tale of two captures – Alexkor, Gupta Inc and ‘WMC’

SCORPIO on AMABHUNGANE CENTRE FOR INVEESTIGATIVE JOURNALISM | 13 Dec 2017 “Alexkor is a small operation that in some ways exists to award and manage contracts. Its shallow ocean concessions (up to 30 meters in depth) are mined by about 60 small-scale marine contractors, who use divers to manhandle large vacuum hoses to suck up […]

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Marin Teknikk

Marin Teknikk to Design Second Mining Vessel for Debmarine Namibia

SUBSEA WORLD NEWS | 20 November 2017 “The vessel will follow the MT6022 SS Nujoma delivered in 2016 to Debmarine Namibia. The new seabed mining vessel, with a length of 177 meters and a breadth of 27 meters, will be the largest ship ever designed by Marin Teknikk, the company said. The equipment to be […]

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diamonds

De Beers Searches the African Seabed for Diamonds

KEVIN CROWLEY on BLOOMBERG MARKETS | 15 June 2017 “De Beers finds some of its most valuable diamonds on the Atlantic Ocean seabed off the coast of Namibia, and it’s betting there are a lot more to be discovered. The world’s biggest diamond producer has spent $157 million on a state-of-the-art exploration vessel that will […]

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