All things being equal, Alpha Energy Resources is set to begin mining operations at its largest diamond mines offshore in Namibia in October this year.
This milestone comes two years after, the Nigerian-based firm won the marine mining contract at a sum of US$200 million from NAMDEB, a joint venture between the Namibian government and De Beers Group.
The offshore mining will target diamondiferous gravels identified through past prospecting and mining activities. The company’s shallow water mining vessel, equipped with advanced technology, will extract, process, and recover diamonds. The diamonds will be delivered monthly to the Contractors Treatment Facility in Luderitz, Namibia.
“We’re glad to have emerged winners of the rigorous bid. We’re now ready to commence operations, executing the largest diamond mining project in Namibia, with significant impact on the African continent”, Dr. Babajide Agunbiade, Founder and CEO of Alpha Energy Resources, expressed pride and enthusiasm at the contract.
Alpha Petroleum aims to deliver 30,000 to 60,000 carats per annum, solidifying Namibia’s position as a significant diamond-producing nation.
This project is expected to have a substantial economic impact on the region, particularly in the Halifax Island and Kerbehuk mining zone.
This landmark contract underscores Alpha Petroleum’s expertise and commitment to responsible mining practices, cementing Nigeria’s presence in the global mining industry.
NAMDEB is a wholly owned subsidiary of Namdeb Holdings (Proprietary) Limited, jointly owned by the Government of the Republic of Namibia and De Beers Group. Alpha Energy Resources is a leading EPICC service provider in Africa’s mining and energy sector.
Alpha Energy Resources specializes in upstream and downstream services, with extensive experience in shallow to deep marine mining.