De Beers Output Jumps 36% in Q2, Up 21% in H1, Says Anglo American
July 20, 17
(IDEX Online) – Anglo American plc, which owns 85 percent of De Beers, reported a 36 percent jump in production in the second quarter from a year before to 8.7 million carats from 6.4 million carats.
In the first half of 2017, De Beers produced 16.1 million carats – a 21 percent increase on the 2016 figure of 13.3 million carats.
Anglo American Chief Executive Officer Mark Cutifani said that output had been boosted by a ramp-up of production at the Gahcho Kué mine in Canada in which it has a 51-percent stake, along with and stable trading conditions.