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Showing posts with the label US-Tariff Annex-III

DeBeers production guidance for 2025 is at 20–23 mn cts

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  Production fostered 38%, 5.7 mn cts rough diamonds sold in 3Q 2025     In Q3 2025 production increased by 38% to 7.7 million carats, primarily driven by higher production from Jwaneng in Botswana, in anticipation of the extended plant maintenance downtime in the fourth quarter of 2025.   In Botswana, production increased by 51% to 6.0 million carats. In the comparative period there was one month of plant maintenance at Jwaneng, whereas the plant was fully operational in Q3 2025. In addition, given that extended plant maintenance is planned for the entirety of Q4 2025, higher grade ore was processed at Jwaneng in the third quarter. Orapa resumed operations after a planned extended plant maintenance shut in Q2 2025.   The 3Q report said, production in Namibia was flat at 0.5 million carats. In South Africa, production increased by 28% to 0.7 million carats, reflecting the processing of increased volumes of higher-grade underground ore.  Production in Cana...