The domestic petroleum industry got its start in 1859 after the successful drilling of the first oil ... and frequent boom-and-bust cycles. The Submerged Lands Act (SLA) of 1953 gave individual ...
Lüderitz, Namibia – A new chapter in Namibia’s diamond mining history unfolded today as the Adamastor, a state-of-the-art offshore diamond mining vessel, arrived at Lüderitz harbour. Owned by a ...
Diamond mining giant De Beers has announced a reduction in its production forecast for the year, citing persistent weakness in global diamond demand, particularly in China. In its latest operational ...
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