Debswana production drops in Q3
Friday, October 26, 2018
According to Anglo American’s third quarter production figures, output at Orapa dropped 21% quarter on quarter to 2.6 million carats, while at Jwaneng it rose marginally to 3.14 million carats from 3.03 million carats.
Anglo American owns 85% of De Beers, with the balance held by the Government of Botswana. De Beers, in turn, owns 50% of Debswana with the balance held by the Government of Botswana. “Botswana production decreased by six percent to 5.7 million carats due to the planned processing of lower grade material at Jwaneng. Production at Orapa remained in line with Q3 2017 at 2.6 million carats,” Anglo’s production report reads.
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