Anglo weighs more De Beers’ production cuts
Friday, November 01, 2024 | 1190 Views |
Tough times: Debswana is waiting for a recovery from the prolonged slump
Duncan Wanblad, the CEO of Anglo American which holds 85% equity in De Beers, said assessment of the situation was continuing to guide any further production decisions.
“As previously announced, we reduced rough diamond production from De Beers in response to market conditions,” the CEO said in a third-quarter update released recently.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...