Namibia Diamond Trading Company (NDTC) is a 50:50 joint venture between the Government of Namibia and De Beers Namibia Holdings which was formally conceived in January 2007 following an agreement to sort, value and market Namibian diamonds. While it serves as Namibia’s prime avenue to recognise and formalise the efforts of the Namibian Government and De Beers to develop a sustainable local downstream diamond industry, NDTC can trace its roots back to 1988 when the first sorting and valuation activities were established. These activities were through DTC Valuations Namibia, a wholly owned De Beers company which was tasked with the sorting and valuing of Namibian diamonds until the inception of NDTC in January 2007. Today, NDTC prides itself as Namibia’s flagship diamond sorting and valuing brand, contributing significantly to national growth and a sustainable future.
ETHICAL SOURCING & VALUATION OF NAMIBIAN DIAMONDS
NDTC has been mandated to continue working tirelessly to advance industry standards, enhance transparency of diamond provenance and improve the livelihoods of artisanal miners. Through our Best Practice Principles, we have set leading ethical, social and environmental standards, including on human rights and labour conditions, not just for ourselves, but for our whole value chain. We verify implementation of these standards annually through independently assured audits.
We also continue to invest in technology and innovative solutions to increase transparency around the provenance and journey of our diamonds, including through GemFair™ and Tracr™, and we look for ways to improve the livelihoods of artisanal miners.
Learn more about our commitment to leading ethical practices across industry as part of our Building Forever 2030 Goals.