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Debswana to cap output at 26m carats

Debswana will not dig up more than 26 million carats in the short to medium term as the company looks to continue matching production to demand.

Addressing the media in Gaborone yesterday, the company’s managing director Balisi Bonyongo said the company plans to produce between 23-26 million carats in the near future.

“It is better to keep the goods in the ground than to just produce when the market fundamentals do not support it,” he said.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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