Namibia: Diamond Beneficiation in 'Cautious' Recovery

11 November 2009

NAMIBIA'S diamond manufacturing industry took quite a hit from the global financial crisis, with the country's beneficiation strategy being set back a few notches as a result.

But as the diamond industry begins to recover, with demand for rough diamonds having experienced an upsurge, it seems there is a bright light at the end of the tunnel for local cutters and polishers, and for the strategy designed to ensure that Namibians benefit from their own natural resources.

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