Mines minister Amutse denies Namibia losing De Beers stake bid

The Ministry of Industries, Mines and Energy has dismissed reports that Namibia has lost its bid to acquire a stake in global diamond producer De Beers, saying information circulating on the matter is “misleading and incorrect”.

Responding to reports that Anglo American had selected the Global Diamond Consortium as its preferred bidder for the sale of De Beers, mines minister Modestus Amutse on Sunday said the government would provide the correct information through its official communication channels.

“At this stage, I can only say that the information being shared is misleading and incorrect,” he said.