mmegi

Debswana sales slow down

Rich ground: Jwaneng Mine is the world's richest diamond mine by value
Rich ground: Jwaneng Mine is the world's richest diamond mine by value

The value of diamonds sold by Debswana in the first nine months of the year slowed to P37.1 billion, from P43.2 billion over the same period last year, as lower demand and pricing in the global market hit the precious stones.

The nine month figures for this year are however still considerably higher than comparative figures before 2022, reflecting the generally stronger sales enjoyed by rough diamonds since last year.

However, on a quarterly basis, the third quarter sales of P8.4 billion are the lowest reported by Debswana in the third quarter since 2015, excluding the COVID-19 year of 2020.

Editor's Comment
Rising abortion figures demand urgent action

Instead, they should serve as a warning to health authorities, community leaders, and policymakers that something is not right. According to the Palapye District Development Committee’s latest report, 130 abortion cases were recorded between April and June 2026.On the face of it, the overall figure may represent a decline from the preceding quarter. However, going deeper into the figures, the monthly trend tells a different and more worrying...

Have a Story? Send Us a tip
arrow up