Tag: diamond mining
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As Venetia mine transitions underground, SA’s diamond production drops to 6m carats
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…
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Botswana to sell more of its own diamonds under new deal with De Beers
Half of the world’s diamonds come from Africa, but Botswana, the continent’s top producer, didn’t own much of what it mined, until now.