By: Nghiinomenwa-vali Erastus
The Namibia Desert Diamonds (Namdia) believes the country can earn significantly more from its diamond resources if the company is granted access to a larger share of rough diamonds.
In its latest quarterly report, released last week, Namdia stated that it has consistently achieved higher prices through its price discovery approach — highlighting the untapped potential for increased national revenue.
According to the report, Namdia recorded an average selling price of US$518.28 per carat in 2024, well above Namibia’s national average of US$416.18 per carat.
This performance also exceeded the global averages, underscoring Namdia’s strategic role in identifying the true market value of Namibian diamonds.
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