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Mining giant De Beers Group reported higher rough diamond production in the first quarter of 2022 from the same period last year due to improved business and mining operations.
Rough output rose 25 per cent to 8.93 million carats in Q1 ending March 31, 2022, reflecting a strong operational performance, higher planned levels of production to meet steady market demand as well as lower rainfall impact particularly in Botswana, the group revealed.
“Robust demand for rough diamonds continued into the first quarter following strong growth in consumer demand over the holiday season,” noted De Beers. Company data showed rough diamond sales reached...
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