Tag: diamond

As Venetia mine transitions underground, SA’s diamond production drops to 6m carats

Jul 15, 2024

—

by

Gemma Ritchie

in Business, Economy

Diamond mining production in South Africa has hit a 10-year low. The country was producing an average of 8.5-million carats a year, but by 2023 this had dropped to 6.1-million carats. The reason for this is that De Beers’ Venetia diamond mine reached the end of its open-pit operations in December 2022. The mine, which…