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De Beers cuts production as Covid-19 effects set in

REFOCUSSING STRATEGY: Paul Rowley

In response to the Covid-19 pandemic, diamond mining conglomerate De Beers – has revised its global production guidance. The company, which operates Debswana Mines with Botswana government in a 50/50 joint venture, revealed this week that it has cut its global production guidance by 7 million carats to reflect demand and support long-term value. When […]

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