De Beers eyes output rebound in 2021
Friday, March 05, 2021
The luxury gemstone giant, which traditionally adopts a ‘cautiously optimistic’ approach to production targets, says the planned output this year is subject to trading conditions, the extent of further COVID-19 related disruptions and ongoing operational challenges.
Briefing the media on the group’s 2020 results last week, executive vice-president diamond trading, Paul Rowley said they forecast higher production would be driven by an expected increase in ore and improved grade performance at both Jwaneng and Venetia (South Africa).
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