Wednesday , May 22 2024

Tag Archives: De Beers

De Beers to Cut 2016 production amid Anglo American overhaul

De Beers expects diamond production to fall to between 26 and 28 million carats in 2016 from 29 million carats this year as the mining giant outlined its view of the ‘stock crisis’ affecting the industry. The decline in rough and polished diamond prices has stemmed from a build-up of …

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