Debswana output flat in bearish market

Bonyongo
Bonyongo

Debswana recorded a marginal decline in the first quarter production as shareholder, De Beers, reduced output guidelines for the year by two million carats due to bearish market conditions.

A first quarter production update from parent company, Anglo American says Debswana’s output decreased by two percent to 5.6 million carats compared to the same period in 2014, on the back of a decline in grade at Orapa.

“The Orapa decline, was which was largely offset by an increase in throughput at both Jwaneng and Orapa,” stated Anglo in a statement.

Editor's Comment
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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...

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