Production of De Beers diamonds rose up to 13 percent year on year to 9.13 2,000,000 carats in the fourth quarter of 2013, Anglo-American reported. Full-year production grew 12 percent to 31.15 9 million carats. Furthermore, the report provided production data for its mining units the Debswana joint venture in Botswana, Namdeb in Nambia, De Beers Consolidated Mines in South Africa and the De Beers Canada.
Additionally, in the fourth quarter, Debswana's production grew 17 percent to 6.357 million carats, while De Beers Consolidated Mines production rose 28 percent to 1.728 million carats. De Beers Canada production increased 20 percent to 22.707 million carats. Namdeb production rose to 465,000 carats.
Moreover, for the full year, Debswana's production rose 12 percent to 22.707 million carats, while De Beers Consolidated Mines production grew 76% to 4.724 6,000,000 carats. Namdeb increase production by 6 percent to 1.76 2,000,000 carats and production at De Beers Canada jumped 26 percent to 1.966 million carats.
http://www.israelidiamond.co.il/english/News.aspx?boneID=918&objID=14100
De Beers Diamonds Cites Relationships as Key to Success
According to Phillip Meiller, CEO of De Beers Group, relationships are the key to success in the diamond industry. In remarks delivered in Gaborone during the opening dinner of De Beers first sight of 2014.
Furthermore, Meiller called upon the industry to "build on the firm foundation we have established, continue to invest in the outstanding relationships that have brought us so far and ensure we keep on working for our mutual benefit and went on to pay tribute to the outstanding relationship between Botswana and De Beers and noted that the relocation of De Beers international site older sales activity last year
Also, he went on to say that the relationship between site holders have been key in the development of the diamond industry and has helped growth by increasing demand in new consumer markets; "the most important relationship is that between the diamond industry and the consumers. Ultimately, a consumers desire for diamond is the only true source of value in the industry."
http://www.debeersgroup.com/en/About-Us/Governance/Executive-Committee/
Botswana Diamonds, ALROSA Launch Exploration:
Botswana Diamonds began an exploration project with ALROSA at the PL117 license in the Orapa region of Botswana. The license covers 2.9 square kilometers and is located near the Karowe diamond mine. Which is operated by Lucara Diamond Corporation. The agreement stipulated a three-month exclusivity period.
During which Botswana Diamonds would review the available data on the licenses. And, should the analysis prove positive. They intend to negotiate an equity interest in the licenses.
Botswana Diamonds chairman John Teeling said the agreement represented another step forward in the development of Botswana Diamonds’ interests and gave it access to a prospective area of Botswana that was new to the company. Our geologists will review all the available data. And, given the right results. We will agree on an earn-in arrangement on specific ground.
Also, this agreement gives exclusivity to Botswana Diamonds. Furthermore, this is in addition to the joint venture to the north/north-east of Orapa. Which has applied for 12 exploration licenses. Botswana Diamonds previously discovered diamonds in the AK10 kimberlite in the same license area in 2004.
De Beers Diamonds are the most expensive diamonds in the industry.
info@1800loosediamonds.com
De Beers Diamonds are the most expensive diamonds in the industry.