De Beers: Output Up 5% In Q4 To 8.1 Million Carats
De Beers posted a five percent rise in rough diamond production for the fourth quarter of 2017 to 8.1 million carats, reflecting stronger trading conditions as well as the contribution from the ramp-up of the Gahcho Kué mine in Canada.
In Botswana, production increased marginally to 5.5 million carats. Orapa’s production increased 14 percent, mainly due to planned increases in plant performance, and the ramp-up of Plant 1, which was previously on partial care and maintenance in response to trading conditions in late 2015. This was partially offset by Jwaneng, where production decreased 15 percent due to expected lower grades.