DeBeers production guidance at 20–23mn carats
DeBeers rough diamond production reduced by 23% in 1H DeBeers Interim Financial Results for 2025 DeBeers report rough diamond production reduced by 23% to 10.2 million carats (30 June 2024: 13.3 million carats), reflecting a proactive production response to the prolonged period of lower demand and higher than normal levels of inventory in the midstream. In Botswana, production was reduced by 26% to 7.2 million carats (30 June 2024: 9.7 million carats), as a result of planned actions to lower production at Jwaneng and Orapa, as well as extended maintenance at Orapa and putting the Letlhakane Tailings Treatment Plant on care and maintenance as part of the planned production response. Production in Namibia was flat at 1.2 million carats (30 June 2024: 1.2 million carats), as planned actions to lower production at Debmarine Namibia were offset by planned higher grade mining and better recoveries at Namdeb. In South Africa, production was flat at 1.1...