Debswana production falls 68% in second quarter

Anglo American production figures revealed earlier today show that the lockdown that stretched between April and May constricted production during the third quarter and while operations restarted, they did so at a muted level to match lower demand. Anglo American owns 85% of De Beers, which in turn owns 50% of Debswana.

Debswana’s production in the second quarter (April, May, June) was a far cry from the 5.7 million carats produced in the corresponding period last year and the 5.6 million carats produced in the first quarter of 2020.