Namdia, Namibia’s state-owned diamond marketing firm, achieved a remarkable 63% revenue increase, reaching a record $210 million, IDEX Online reports. Namdia is responsible for selling 15% of the run-of-mine production from Namib Desert Diamonds (Namdeb), a joint venture between De Beers and the Namibian government. The company reported a gross

Rio Tinto has reported a 37% drop in third-quarter production at its Diavik diamond mine in Canada’s Northwest Territories, IDEX Online reports.    This decline is attributed to the completion of an underground pipe and challenges in the open pit section of the mine, located 200 miles from the Arctic