Debswana output flat as market stabilizes

Wednesday, February 01, 2017

Super pit: Jwaneng is the world's richest diamond mine

Production at Debswana was flat in 2016 rising by only one percent to 20.5 million carats, figures recently released by Anglo American show.

Maintaining production at the previous year’s levels signals stabilisation in the diamond market after a sluggish 2015 in which Debswana had to cut production by 15% due to slowing consumer demand.

Debswana, a joint venture between government and Anglo American’s diamond unit De Beers, produced the bulk of its diamonds from its flagship Jwaneng Mine at 11.9 million carats.

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Debswana output flat as market stabilizes

Production at Debswana was flat in 2016 rising by only one percent to 20.5 million carats, figures recently released by Anglo American show.