RapNet


Rapaport News

 

Mining

 
Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

De Beers to Add 25 Years to Botswana Mine

Dec 6, 2016 6:53 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
Debswana, De Beers mining joint venture in Botswana, is close to completing a tailings project that will extend the Letlhakane mine’s lifespan by 25 years.

The Letlhakane Mine Tailings Resource Treatment Project will enable Debswana to continue producing rough diamonds at the site even when mining at the main deposit comes to an end next year, Debswana said.

The project, which started in 2015, is 80 percent complete, with structural and electrical installations on course. Debswana expects it to be commissioned in the third quarter of 2017.

Production from the Letlhakane mine increased 6 percent to 460,000 carats in the first nine months of this year even after De Beers had initially planned to reduce output because of weaker rough market conditions.
Tags: Botswana, De Beers, Debswana, Letlhakane, Letlhakane mine, Letlhakane Mine Tailings Resource Treatment Project, mines, mining, Rapaport News, Rough Production, tailings
Similar Articles
rough diamond in fingers Diamcor 150Diamcor Shifts Back into Black
Nov 19, 2019
Diamcor Mining returned to profit in the second fiscalquarter, as an efficiency program...
Zimbabwe to Take Smaller Cut of Diamond Sales
Rio Tinto Seeks Majority Stake in Canada Site
Petra Sells 20ct. Blue Diamond for $15M
AlrosaAlrosa Profit Drops in Third Quarter
Nov 10, 2019
Weak rough-diamond demand led to a decline in profit at Alrosa in the third...
Mountain Province Slides to Net Loss
Gem Diamonds Lowers Full-Year Outlook
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us