AFRICA

Private equity firm acquires offshore mining vessel in Cape Town

Move is first step towards operating company for marine diamond mining in Namibia

The Adamastor vessel is a high-powered suction crawler that will dredge for diamonds. Photo: Kenzoll Capital

The Adamastor vessel is a high-powered suction crawler that will dredge for diamonds. Photo: Kenzoll Capital

Kenzoll Capital has acquired the Adamastor offshore mining vessel in Cape Town, a first step towards mining diamonds from the seabed off the coast of Namibia. Namibia's coast is known to have a rich...

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