Latest Jwaneng diamond mine Stories
Botswana, the world's largest diamond mine producer, says it will cut output by more than half this year because of low gem demand. Debswana, the company jointly owned by the Botswana government and De Beers, plans to produce 15 million carats of diamonds this year, compared to 33.6 million carats in 2008, the BBC said.
Diamond producer De Beers said it would suspend work at several mines in Botswana amid a global recession that has weakened demand. The joint venture Debswana, a partnership of De Beers and the Botswana government, will suspend production at two mines for the rest of the year.
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