Debmarine Namibia

Name

Debmarine Namibia

Legal name

Debmarine Namibia

Website

https://debmarine.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Marine Diamond Mining

NAICS

Nonmetallic Mineral Mining and Quarrying (2123)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

Keywords

• Marine diamond mining
• Offshore diamond recovery
• Deep water mining
• Diamond exploration
• Marine mineral extraction

Headquarters

HQ city

Windhoek

HQ country

Namibia

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain

Revenue model

1. Marine Diamond Mining and Sales: Debmarine Namibia operates marine diamond mining operations extracting diamonds from offshore deposits along Namibia's southwestern coast. Diamonds are sold through De Beers' global sales channels, with the Government of Namibia holding 50% ownership stake.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

Debmarine Namibia conducts offshore marine diamond prospecting and recovery operations within the Atlantic 1 Mining Licence Area (ML47), extracting diamonds from water depths of 90–140 meters approximately 20 kilometres off the southwestern coast of Namibia. The company uses specialized mining vessels — including mv Mafuta (the world's largest marine diamond mining vessel) and mv SS Nujoma — along with proprietary sub-sea diamond recovery and treatment plant systems to recover diamonds from marine sediment. Recovered diamonds are sold through De Beers' global sales channels (Sightholder sales and auctions).

Product overview

Debmarine Namibia operates as a joint venture marine diamond prospecting and recovery company, owned in equal shares by the Government of the Republic of Namibia and De Beers. The company's core offering is offshore marine diamond mining operations, extracting diamonds from deepwater marine deposits off Namibia's southwestern coast. Supporting the mining operations, the company offers educational social programs including the Diamond Award for Science scholarship and bursary scheme. The mining fleet includes specialized vessels such as the mv SS Nujoma and mv Mafuta, the world's largest marine diamond mining vessel.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Diamond Mining Operations Offshore extraction and recovery of marine diamonds from depths of 90–140 meters approximately 20 kilometres off Namibia's southwestern coast. Output is sold through De Beers' global Sightholder sales and auction network to enterprise buyers in the global diamond industry.

Quantifiable outcome

• Record production of 1.273 million carats achieved in 2014
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Government of NamibiacoreStrategic or Co-development Partner · 1 January 201150% joint venture partner in Debmarine Namibia since 2011. Government increased shareholding from 15% to 50%, making Debmarine Namibia equally owned by the Government of Namibia and De Beers.
• De BeerscoreStrategic or Co-development Partner · 1 January 201150% joint venture partner owning equal shares with the Government of Namibia since 2011. De Beers Marine Namibia transitioned to Namibia with production vessels transferred in 2001-2002.
• Ministry of Agriculture, Fisheries, Water and Land Reform (MAWLR)coreStrategic or Co-development PartnerGovernment ministry partnered with Debmarine Namibia for World Ocean Day 2026 commemoration. Debmarine Namibia supports ministry's ocean conservation and monitoring initiatives.
• Namibia Miners Investment Trust Investment Company (NAMITVEST)minorStrategic or Co-development PartnerSigned historic Payroll Deduction Agreement with Debmarine Namibia to enhance financial inclusion and investment participation for employees through NAMITVEST.
• Namibian Police Force and NavycoreStrategic or Co-development PartnerSecurity partnerships with Namibian Police Force and Navy for protecting Namibia's strategic marine resources and operational security at sea.
• University of Namibia (UNAM)minorStrategic or Co-development PartnerReceived benthic macrofauna samples from Debmarine Namibia for building species reference collection, serving as teaching aids for undergraduate students and workshops.
• Namibia University of Science and Technology (NUST)minorStrategic or Co-development PartnerReceived benthic macrofauna samples from Debmarine Namibia for building species reference collection and marine taxonomy capacity building.
• Southern African Institute of Mining and Metallurgy (SAIMM) Namibia BranchminorStrategic or Co-development PartnerDebmarine Namibia actively participates in SAIMM Namibia Branch events including Innovation in Mining Forum and technical presentations in Swakopmund.

Scale indicators9 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Petra Diamonds: Petra Diamonds operates diamond mines in South Africa and Tanzania, producing high-quality rough diamonds for global markets. As a focused, multi-mine diamond producer of similar scale and product quality, Petra is a direct comparable for Debmarine's upstream diamond production economics.
• Namdeb Diamond Corporation: Namdeb is a 50/50 joint venture between the Government of Namibia and De Beers, operating land-based diamond mining along Namibia's southern coast. It shares the same parent ownership structure, geographic base, and diamond mining focus as Debmarine Namibia, making it the closest direct peer.
• Lucara Diamond Corp: Lucara Diamond operates the Karowe mine in Botswana, known for producing large, high-value rough diamonds including specialty stones. As a focused diamond producer competing in the global rough diamond market with comparable product positioning, Lucara is a direct peer for diamond pricing dynamics.
• Gem Diamonds: Gem Diamonds operates the Letšeng mine in Lesotho, producing large, high-value rough diamonds. As a focused mid-tier diamond producer competing in the same rough diamond supply market, Gem Diamonds is a direct peer for benchmarking production economics and pricing dynamics.
• Mountain Province Diamonds: Mountain Province Diamonds holds a 49% interest in the Gahcho Kué mine in Canada, one of the world's largest new diamond mines. As a publicly-listed diamond producer competing in global rough diamond markets, Mountain Province is a direct comparable for production scale and operational economics.

Broad incumbents

• Alrosa: Alrosa is the world's largest diamond producer by volume, mining rough diamonds across Russia. As a state-controlled major diamond miner with comparable upstream extraction focus, Alrosa is a broad incumbent peer for any major natural diamond producer including Debmarine Namibia.
• Rio Tinto: Rio Tinto's Diamonds group previously operated the Argyle mine in Australia and Diavik in Canada, giving it significant rough diamond production capability alongside its diversified mining portfolio. As a major diversified miner with diamond exposure, Rio Tinto is a broad incumbent comparable for understanding capital-intensive diamond operations.
• De Beers Group: De Beers is the 50% parent company of Debmarine Namibia and the world's leading diamond company operating across exploration, mining, sorting, and sales globally. As the broader incumbent in the diamond value chain with significant mining, marketing, and distribution scale, De Beers is a direct comparable for Debmarine's parent-backed business model.
• Anglo American: Anglo American is the ultimate parent of De Beers and one of the world's largest diversified mining companies. As the corporate parent with significant stake in Debmarine's operations and global mining scale, Anglo American is a broad incumbent peer for evaluating the strategic context and capital allocation framework behind Debmarine.

Emerging players

• Stornoway Diamond Corporation: Stornoway Diamond operates the Renard mine in Quebec, Canada, producing rough diamonds for global markets. As a mid-tier diamond producer focused on a single primary operation, Stornoway provides a comparable scale benchmark for single-mine diamond production economics similar to Debmarine's single-license-area model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJZYRaBwHj8MpTS80lSrhvg
• Facebookfacebook.com/DebmarineNamibia
• LinkedInlinkedin.com/company/debmarine-namibia
• Instagraminstagram.com/debmarinenamibia
• Xx.com/DebmarineN

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Debmarine Namibia