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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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