DEBMARINE NAMIBIA PIONEERING NEW DIAMOND WORLD OUR PEOPLE
Our employees are our greatest assets and the youth of Namibia are our future workforce. Therefore we continuously strive to support and contribute to the development of our people. This we do by investing significantly in local skills development, with a total of N$100 million spent on the extensive in-house training and development programme, bursary scheme and diamond awards scholarships. These contributions are pivotal to the progression and advancement of our workforce and the Namibian nation.
OUR NEW PURPOSE AND AMBITION
We strive to be the beacon of mining excellence. Our ambition shapes the way we do business as we are committed to living up to diamonds by making real and lasting contributions to society. This means driving returns on capital for our shareholders, operating sustainably, growing skills and talents of human gems, and working with our stakeholders to transform the natural resources into shared national wealth that ties in with our purpose of Make Life Brilliant. We live by the value of safety first, respect, integrity, teamwork and excellence. We consider all risks to people and the environment before proceeding with any activity. We address risks before beginning any activity, even if this means stopping a task. Zero harm is always our goal. We transform and grow our business through an integrated approach focusing on five strategic pillars: safety, employees, operational and financial performance, stakeholders, and the future. The strategic pillars are the key drivers that enable us to stay focused.
INNOVATION
We proactively discover and realise new ideas for both game changing and everyday innovation. Debmarine Namibia is committed to pioneering a new natural diamond world by continuously embarking on innovative ways of recovering diamonds. Our Additional Mining Vessel 3 AMV3 marine diamondrecovery vessel is currently under construction in Romania. The N$7 billion vessel is expected to create more than 161 new jobs and contribute additional 500 000 carats annually to Debmarine Namibia’s production, an increase of approximately 35% on current production.
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AMV3 PROJECT HIGHLIGHTS
• The Debmarine Namibia Board approved the vessel-building project on 10 May 2019. • A vessel-building contract was signed between Damen Shipyard Gorichem and Debmarine Namibia. • Steel cutting commenced in May 2019 in at the Damen Shipyard in Mangalia, Romania. • A financing agreement was signed between Debmarine Namibia (20%) and five banks (four commercial banks: Nedbank, RMB, Standard Bank, Bank Windhoek and ABSA). • Steel fabrication works and manufacturing of components of the mining system, crawler and treatment plant are being constructed in Walvis Bay, Cape Town and Johannesburg. • The keel-laying ceremony, an official construction ritual, which symbolises the official construction of the vessel, was held on 11 March 2020 in Mangalia, Romania. • Building of the vessel is progressing well and tracking slightly ahead of schedule. • The vessel is expected to deliver the first diamond production in Namibia in Q2 2022.
the Gap, which brought together over 500 learners from all regions for under-17 netball and under-15 football games. Debmarine Namibia continues to sponsor Netball Namibia; the sponsorship contributed to the national team ‘Desert Jewels’ winning the M1 Six Nations Cup in Singapore.
ENVIRONMENT
We aim to be the leader in environmental stewardship and maintain our reputation as a responsible corporate citizen. As an offshore recovery operation, our immediate community consists of living sea organisms, plants and mammals. We are passionate about our marine environment and endeavour to meet and lead global best practices in this area. Debmarine Namibia is ISO 14001, ISM and OHSAS 18001 certified, in line with our commitment to safety and environmental management.
SOCIAL INVESTMENT
We invested 13 million towards Social Investment, which focuses on community development initiatives in the areas of women and girl-child development, education, health and welfare, sports and small and mediumsized enterprises (SME) development through the Debmarine-Namdeb Foundation. Among the worthy recipients were University of Namibia and the youth sport initiative Bridging
DEBMARINE NAMIBIA Corporate Communication 10 Dr Frans Indongo Street Namdeb Centre Telephone: +264 61 2978643 DBMNCommunication@debeersgroup.com www.debmarinenamibia.com