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In 2005, she was purchased by De Beers, and converted to a subsea diamond-mining ship by A&P Tyne over the course of 11 months. The ship's new name, Peace in Africa, may have implied that it was providing an alternative to blood diamonds. [6] [12] In 2013, still under ownership of De Beers Marine Namibia, the vessel was renamed to MV Mafuta.
Sold to Charles Bates in December 1987 and laid up as a static museum ship in Hout Bay until late 1990s. Sold to Gary van der Merwe and converted to yacht and renamed 'Madiba' then converted to diving support vessel and chartered to De Beers as survey vessel off the Namibian coast. Name changed to Golden Firefly. Broken up in Cape Town ...
De Beers Diamond Jewellers (DBDJ) was established in 2001 as a 50:50 joint venture between The De Beers Group of Companies and LVMH, the French luxury goods company. [81] The first De Beers boutique opened in 2002 on London's Old Bond Street as the brand's flagship store. Since then, stores have opened in various cities around the world.
De Beers tried its hand at growing a lab-grown diamond jewelry business for six years before ditching it earlier this year. But a segment of that failed attempt has flourished—and it has nothing ...
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USNS Marine Serpent (T-AP-202) - Completed as War Shipping Administration troop ship. Operated October 1945 — July 1946 in Pacific. 8 May 1952 became Military Sea Transportation Service USNS vessel to 1968. Sold to private in 1968 renamed Galveston converted to container ship, later scrapped.
Diamond giant De Beers has seen its stockpile reach $2 billion, the biggest since the 2008 financial crisis, according to the Financial Times. "It’s been a bad year for rough diamond sales."
Companies such as De Beers contributed to the suspicious approach on foreign exploitation by the people of Namibia. Their extraction which involve copper and diamonds in the area has woken the colonialist past and has created tensions and conflicts in the African continent.