Diamond production rises as demand strengthens

Debswana’s output in the second quarter was 214% higher than the amount produced in the corresponding quarter of 2020, a period hit by COVID-19 restrictions and global demand weakness. The latest figures underline the cautious recovery of the rough diamond sector, which in turn is underpinned by rising consumer demand in the key markets of the United States and China.

In a commentary earlier today, Anglo American officials said consumer demand for polished diamonds continues to recover, leading to strong demand for rough diamonds from midstream cutting and polishing centres.