How much is a diamond in Namibia?

Today, the Diamond price per carat in Namibia is NAD 13,617.29, today’s Diamond rate per 50 milligram in Namibia is NAD 324, Diamond cost per 100 milligram today in Namibia is NAD 6,808.64, today’s Diamond price per 150 milligram in Namibia is NAD 10,212.96.

Where do diamonds come from in Namibia?

The southern coastal area reaches from the mouth of the Orange River, near Oranjemund, north to Chameis Bay, a distance of about 100km. Diamonds are found in raised Pleistocene beaches from 25m below mean sea level to more than 30m above.

Why diamonds are so important to Namibia?

Since diamonds occur not only onshore, but also in submarine deposits, a unique high-tech offshore diamond mining industry has developed in Namibia and Malango said diamonds are a major contributor to the Namibian economy, contributing on average 6,4% to the gross domestic product in the last 30 years

Can I buy diamonds in Namibia?

Now, it is possible to purchase a diamond mined and cut in this economically and politically stable African country with an organized diamond polishing industry. These are branded as Kalahari Diamonds.

Are diamonds cheaper in Africa?

As most diamonds are mined in South Africa, many people believe that purchasing diamonds in South Africa is much cheaper relative to the rest of the world. This is not always the case. South African diamond mining is done by large corporations on huge open-casts who sell in bulk.

What African country is rich in diamonds?

Botswana

Botswana

Botswana heads Africa’s list of diamond miners, housing seven well-established mines including Jwaneng, the world’s richest in terms of value, Orapa, the world’s largest by area, along with Karowe and Letlhakane.

Is it cheaper to buy diamonds in Namibia??

Because the diamonds are mined responsibly, they are more expensive. Their polishing operations are costly as well, especially compared to selling diamonds polished in sweatshops in India or China.