Mmegi Online :: Debswana Q2 production jumps to 6.3m carats
Banners
Banners
Banners
Banners
Last Updated
Thursday 20 September 2018, 12:14 pm.
Banners
Debswana Q2 production jumps to 6.3m carats

Production at Debswana’s four operating mines climbed to 6.3 million carats in the second quarter of the year, up eight percent as the diamond giant stepped up output to meet rising demand.
By Mbongeni Mguni Thu 19 Jul 2018, 14:51 pm (GMT +2)
Mmegi Online :: Debswana Q2 production jumps to 6.3m carats








According to Anglo American’s second quarter production report released earlier today, Orapa, Letlhakane and Damtshaa pumped out 3.2 million carats in the second quarter, while just over three million were recovered at Jwaneng over the same period. In the first quarter, Orapa and its neighbouring mines produced 2.8 million carats, while Jwaneng pumped out 2.98 million carats. 

Anglo owns 85% of De Beers, which in turn holds 50% equity in Debswana. The Government of Botswana holds 15% in De Beers and 50% in Debswana. 

“Jwaneng production increased by 4% due to an increase in tonnes mined and treated,” Anglo’s production report reads.

“Similarly at Orapa(2), production increased by 8% to 3.3 million carats due to the ramp up of additional processing

Banners

capacity in response to stronger trading conditions 

In total, De Beers’ production was three percent higher in the second quarter at nine million carats, compared to the first quarter. The diamond group sold 10 million carats in the second quarter up from 8.4 million, due to more auctions as well as “positive sentiment in the midstream following growth in consumer demand for diamond jewellery in late 2017”. 

De Beers maintained its positive forecast for the rough diamond sector, a sentiment that last year saw production at Debswana hit a three year high of 22.7 million carats. 

Debswana also reopened its Damtshaa Mine near Letlhakane in January, while its Letlhakane tailings plant recovered its first stones a few weeks ago.

Subscribe to our Newsletter
Banners
Banners
Banners


Business
Thu 19 Jul 2018, 14:51 pm
Fri 13 Jul 2018, 18:00 pm
Fri 13 Jul 2018, 14:11 pm
Fri 13 Jul 2018, 14:08 pm
Wed 11 Jul 2018, 14:57 pm
Fri 06 Jul 2018, 18:00 pm
Fri 06 Jul 2018, 13:18 pm
Fri 06 Jul 2018, 13:16 pm
Fri 06 Jul 2018, 13:15 pm
Thu 05 Jul 2018, 19:51 pm
Thu 05 Jul 2018, 17:25 pm
Wed 04 Jul 2018, 11:36 am
Fri 29 Jun 2018, 18:00 pm
Fri 29 Jun 2018, 14:58 pm
Fri 29 Jun 2018, 14:56 pm
Fri 29 Jun 2018, 14:56 pm
Fri 22 Jun 2018, 18:00 pm
Fri 22 Jun 2018, 12:42 pm
Fri 22 Jun 2018, 12:36 pm
Fri 22 Jun 2018, 12:30 pm
Thu 21 Jun 2018, 15:16 pm
Wed 20 Jun 2018, 14:59 pm
Tue 19 Jun 2018, 15:22 pm
Fri 15 Jun 2018, 18:00 pm
Fri 15 Jun 2018, 12:35 pm
Banners
Banners
Exchange Rates
FOREIGN EXCHANGE: Wednesday, 17 Jan 2018
FOREIGN / PULA
PULA / FOREIGN
1 USD = Pula   9.7656
1 GBP = Pula   13.4590
1 EUR = Pula   11.9617
1 YEN = Pula   0.0882
1 ZAR = Pula   0.7938
1 Pula = USD   0.1024
1 Pula = GBP   0.0743
1 Pula = EUR   0.0836
1 Pula = YEN   11.34
1 Pula = ZAR   1.2597
Subscribe to our Newsletter
have a story? Send us a Tip
Banners
  • Previous
    The Predator
    Next
    Masa Centre
    ::: Friday 14 Sep - Thursday 20 Sep :::
    The Predator
    The Nun
    Mile 22
    Crazy Rich Asians
    Hotel Transylvania 3: A Monster Vacation
  • Previous
    The Nun
    Next
    Riverwalk
    ::: Friday 14 Sep - Thursday 20 Sep :::
    The Nun
    The Predator
    Hotel Transylvania 3: A Monster Vacation
    The Equalizer 2
  • Previous
    The Meg
    Next
    Gamecity
    ::: Friday 10 Aug - Sunday 07 Aug :::
    The Meg
    Sgt. Stubby: An American Hero
    The Predator
    The Nun
    Mile 22
    Hotel Transylvania 3: A Monster Vacation
    The Equalizer 2
Selefu
Maruping go a boelwa.
Banners
Banners
istanbul escort