Debswana output jumps on market recovery

Debswana MD Balisi Bonyongo
Debswana MD Balisi Bonyongo

Production at Debswana Diamond Company rose by a healthy 14% in the second quarter of the year as the market continues on the recovery trajectory from the 2015 lows.

Output figures provided by parent company, Anglo American yesterday show that Debswana production increased by 14% to 5.9 million carats when compared to the same period in 2016. 

“Orapa’s production increased by 44% driven by the ramp-up of Plant 1, which was previously on partial care and maintenance in response to trading conditions in late 2015. This was marginally offset by Jwaneng where production decreased by three percent,” Anglo said. Anglo owns 85% of De Beers, which is a joint equal partner in Debswana with government.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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