De Beers production falls 40 percent in third quarter

De Beers produced 7.9 million carats in the third quarter ending September 30, which is a 40-percent decline from the same period last year.

According to an interim results statement by Anglo American Plc, which owns a 45 percent stake in the company, the third quarter production brings the total output for 2009 to 14.476 million carats.

The Oppenheimer family and the Botswana government own the rest of De Beers' shares, 40 percent and 15 percent respectively.

Editor's Comment
Women unite for progress

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