Production halved at Ghaghoo Mine

Gem diamonds aims to cut costs by reducing production
Gem diamonds aims to cut costs by reducing production

Production from Gem Diamonds’ Ghaghoo Mine in the CKGR halved in the first quarter of the year as the company downsized operations to reduce costs. In a production update, Gem Diamonds said output at Ghaghoo stood at 11,029 carats in the first three months of the year down 55 percent from the last quarter of 2015.

“During the period, Ghaghoo treated 50,514 tonnes of ore. This reduced tonnage is in line with the strategy of downsizing and reducing the production plan for 2016 to approximately 300,000 tonnes,” said CEO, Clifford Elphick.

 At the beginning of the year, Gem Diamonds announced that it would downsize production at Ghaghoo in 2016 in line with market conditions in a development that market reports say has resulted in about 100 workers being laid off. 

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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