Home Gemological Institute of America Namdia unveils uncommon N$26 million diamond

Namdia unveils uncommon N$26 million diamond

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Namdia unveils uncommon N$26 million diamond

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WALVIS BAY – A uncommon Namibian diamond will quickly be showcased world wide to carry additional prominence to the nation’s diamonds. 

The 15.06 carats diamond, dubbed the Eumbo Star, was unveiled on Thursday night at Lengthy Seashore. It’s value N$26 million. The diamond is known as after the Namdia constructing which holds significance as many Namibians discovered refuge within the constructing pre-independence.

Namdia board chairperson Bryan Eiseb stated the disclosing is historic for them as they entered right into a three way partnership settlement with Samir Gems to carry the exceptionally sized tough diamond into the mainstream market.

In accordance with him, Samir Gems was accountable for slicing and sprucing the diamond through the use of the best expertise and abilities.

“As soon as polished, the spherical sensible minimize diamond was graded by the world’s foremost

authority on diamonds, the Gemological Institute of America, and certification signifies the diamond’s origin, giving nice provenance to Namibia and Namdia,” Eiseb defined.

He added that the objective is to place the diamond into direct channels to non-public shoppers.

“The Eumbo Star is valuated at US$1.5 million, or roughly N$26 million, highlighting a worth appreciation of 59% from tough to shine and reinforcing the plain significance of worth addition and benefaction,” he stated.

Devang Bhansali from Samir Gems who additionally attended the disclosing stated that they’ve been buying diamonds from Namdia since 2018. He stated Namdia is their provider of selection, as Namibia is called a rustic with moral and accountable diamond mining.

“We pleasure ourselves to be one in every of Namdia’s shoppers of selection and have purchased each parcel of diamonds provided to us,’’ Bhansali stated.

In accordance with him, they had been provided the diamond in tough form and after sprucing it, the end result was a 15.06 carat polished with good symmetry and minimize. The diamond he stated has the very best readability ranking of flawless and highest color D-grading.

Erongo governor Neville Andre who additionally graced the disclosing famous that Namdia’s contribution to the nation’s prosperity has not gone unnoticed.

“We’ve seen via your relentless dedication to your influence programmes. You’ve got produced spectacular leads to a really brief lifespan. It’s testomony that something is feasible via dedication and dedication,” Andre stated.