Govt revenues face drop as De Beers� sales plunge

De Beers, which gets about 75 percent of its output from Botswana mines, pays government of Botswana 80 cents out of every dollar derived from Debswana revenues. According to figures released yesterday by the parent company, Anglo American production fell six percent to 7.96 million carats in the second quarter and by three percent to 15.63 million carats in the first half of the year.

 The lower output is in line with De Beers’ strategy to lower supply and maintain steady prices.