Debswana on track for 24m carat target

Friday, September 14, 2018

Debswana’s mines are on track to hit a 23.8 million carat target for 2018, riding on positive global demand and lifting forecasts for the local economy beyond initial expectations, BusinessWeek has established.

Should the diamond mining giant make the target, 2018 production will be the highest since 2014 when Jwaneng, Orapa and Letlhakane produced 24.2 million carats. In 2015, Debswana dug up 20.4 million carats, followed by 20.5 million in 2016 and 22.7 million in 2017.

While Debswana’s targets are a closely guarded secret, the numbers established this week suggest the world leading diamond producer is on track for a strong year.

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Debswana on track for 24m carat target

Debswana’s mines are on track to hit a 23.8 million carat target for 2018, riding on positive global demand and lifting forecasts for the local economy beyond initial expectations, BusinessWeek has established.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!