You Are Here: FrontPage Marketplace News


Tuesday, August 24, 2004 - Web posted at 10:37:37 GMT

Namdeb's CTF inaugurated at Luderitz

TONDERAI KATSWARA

THE Namdeb Contractor Treatment Facility (CTF) was officially inaugurated with a new plant which is expected to improve security and Kimberly process compliance, handle more contractors and support black economic empowerment initiatives, in Luderitz at the weekend.

The CTF which was established in 1990 to process diamondiferous gravels from contractors and finally recover diamonds.

Speaking at the occasion, Namdeb Managing Director Inge Zaamwani said contract mining was an integral part of her organisation as it accounts for over 50 per cent of total production.

Last year, beach and marine contractors produced over 20 000 carats with output expected to increase to 30 000 carats per annum by 2006.

Guest speaker, Mines and Energy minister, Dr Nickey Iyambo said the CTF would be beneficial to the economy of Luderitz and create employment opportunities.

He urged Namdeb and its partners to ensure maximum utilisation of the CTF.

In 2001, Namdeb upgraded the CTF in order to meet the required product protection and recovery requirements.

The upgrade included a crushing stage to remove shell, X-ray machines for diamond recovery, a hands-off handling of the final product and secure storage for the screened gravels with an increased capacity.

Last year, a capital investment of N$15 million was made and construction commenced on a new building to affect the new equipment standards and requirements.

The facility was completed and commissioned early this year.

Local marketplace

•  Summary
•  Headlines
•  Forums
•  Email this story
•  Printer friendly


Marketplace News Headlines Of The Last 48 Hours


•  Governments and business collude in deaths of trade unionists, survey reveals
•  FNB offers cross-border prepaid airtime
•  Lena Blomstrand: Nuclear power is an environmental disaster
•  IMF finally approves US$2,1bn loan to Iceland
•  Steady as she goes, says Captain Manuel to Good Ship SA
•  Tourism body supports SME sector
•  Bannerman secures N$132m for Namibian project
•  Forsys strikes mega deal with Forrest
•  Air travel nosedives as recessionary clouds gather
•  Global labour union welcomes re-election of ILO boss
•  Booming Gulf looks overseas for agriculture needs
•  Farming development at Ndonga Linena on track
•  Govt aims to decrease Nam's dependence on imports
•  School's out The Tukwafeni Project: an activity beyond the classroom
•  Electricity theft cost firms thousands in Maputo

 

Advertise | About Us | Contact Us | Subscribe | Privacy | Terms Of Service | Guestbook

Material on this site copyright The Free Press Of Namibia (Pty) Ltd
PO Box 20783 - Windhoek - 42 John Meinert Street
Tel: +264 (61) 279600 - Fax: +264 (61) 279602

Back To Top