Published by
Sunday Standard
Sunday Standard
The diamond mining juggernaut De Beers increased rough diamond production in the first quarter of the year, thanks to strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds, the company revealed this week in a quarterly production report. According to Anglo American, De Beer’s major shareholder, rough diamond production surged by 25 percent to 8.9 million carats, compared to last year’s first quarter production of 7.1 million carats. As has been the case over the years, the increase in diamond output was propelled by robust per…