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De Beers to Stop Production at Botswana Mine
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Debswana, De Beers’ joint venture with Botswana, will pause mining at the Damtshaa deposit for an indefinite period, citing a lack of financial viability given market conditions.“In the current environment, the marginal cash flow produced...
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Mining
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Nov 11, 2020
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Rapaport News
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Debswana Mourns Death of Albert Milton
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Albert Milton, managing director of De Beers’Botswana joint venture, has died, the company said Friday. Milton passed away early Friday morning after becomingunwell Thursday night in Johannesburg, where he was admitted to the hospital. “De...
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Mining
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Aug 18, 2019
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Rapaport News
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De Beers Raises Output in Healthy Market
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De Beers’ production grew during the first quarter as the company reached full capacity at its Gahcho Kué mine in Canadaand increased output in Botswana. The miner’s global production jumped 15% year on year to 8.5million carats...
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Mining
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Apr 24, 2018
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Rapaport News
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De Beers to Resurrect Damtshaa Mine
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De Beers will bring the Damtshaa mine in Botswana back intooperation, two years after the company ceased production at the asset.The company has scheduled a re-commissioning and ramp-up of thedeposit during the fourth quarter, with...
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Mining
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Oct 30, 2017
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Rapaport News
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