Pohamba Inaugurates Sendelingsdrif Mine

President Hifikepunye Pohamba on Friday inaugurated the N$363 million Namdeb Sendelingsdrif mine along the Orange River and the N$150 million state-of-the art Red Area Complex (RAC) in Oranjemund.

The mine with an expected lifespan of 20 years is expected to produce 296 000 carats of diamonds.

Pohamba in his inaugural message said the people and the country did not benefit from the natural resources that were taken out during the Consolidated Diamond Mines (CDM) era.

“Some people worked for life with no pension benefits,” said Pohamba, adding that the people and country only started benefiting from the natural resources after the formation of Namdeb when CDM entered into a joint venture partnership with government in 1994.

Namdeb is 5050 owned by government and De Beers.

Pohamba said despite a challenging environment, the partnership has enabled the country to benefit from the exploitation of the country’s natural resources.

“The company has not only declared dividends, it has also paid royalties and contributed significantly to State coffers through taxation,” Pohamba added.

Pohamba said the opening of Sendelingsdrif mine and RAC represents new possibilities for continued diamond mining operations and the associated benefits of employment creation for Namibians, as well as the associated spin-offs for the local economy, especially in Karas region.

Pohamba thanked Namdeb for its continued investments in the country’s economy, adding that its business activities have contributed significantly to the socioeconomic development of the country over the years.

“Namibia needs a g and productive private sector in our quest to achieve the objectives of our National Development Plans and Vision 2030, Pohamba added.

De Beers CEO representative, Bruce Cleaver, said De Beers in line with its efforts to create more opportunities for future generations of Namibian citizens, will be working in close partnership with the Unam Campus in Keetmanshoop to help underprivileged children to pursue tertiary studies.

“The details of the programme are being fine-tuned, but we are proud of this sustainable investment in the future of the children from Karas region,” said Cleaver.

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Source : The Namibian