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
Shame on the Police!

According to a press statement from the police, unidentified armed men attacked on duty police officers at the station in the early hours of Tuesday.During the attack, the suspects stole 14 riffles, five pistols and an undisclosed number of ammunition.Although unconfirmed, it is alleged that the suspects were just carrying knives and axes, which they used to scare the men and women in uniform before they took them hostage to help themselves to...

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