SADC Mining & Construction News
Business Featured

Namibia: De Beers recovers 7,8 million carats in Q1

MINING giant De Beers Group has recorded a 7,8 million carats diamond production figure for the first three months of 2020.

This, according to the company, was in line with expectations, mainly because Covid-19 measures were introduced at the end of the quarter in producer countries.

These figures were announced yesterday.

In Namibia, quarter-to-quarter production has increased by 6% to 500 000 carats, mainly due to planned higher grade at marine operations, while Botswana’s production dipped by 5%, with 5,6 million carats recovered.

Botswana’s decrease was driven by a 7% decrease at Orapa mine, which is commissioning a new plant infrastructure as well as maintenance, and production at Jwaneng mine, which was reduced by 4% due to planned lower grade.

South African production figures were up by 97% to 800 000 carats as the final ore from the open pit is mined prior to transition to underground, and Canada also recovered 800 000 carats – a 19% decrease when compared to the previous quarter.

Rough diamond sales in the first quarter of 2020 totalled 8,9 million carats – an increase compared to 7,5 million sold over the same period last year.

Related posts

Barrick Gold Corporation reported preliminary third quarter sales of 1.25 million ounces of gold.

admin

South Africa: The future of South African utility management heading into 2022 and beyond.

Editor

Perseus to advance gold production with EPSA contract

Editor

Leave a Comment