The Namdeb Diamond Corporation today announced that the transaction for the sale of Elizabeth Bay Mine to Sperrgebiet Diamond Mining Proprietary, a subsidiary of the Lewcor Group (a 100% Namibian owned Consortium), has been concluded. The Deputy Chairperson of Namdeb Board, Dr. Martha Uumati, said that the closing of the transaction for the Elisabeth Bay mine which is part of the long history of diamond mining in Namibia, paves the way for SDM to take full ownership of the mine and is an important milestone that creates new business and job opportunities in the //Kharas region.