Manufacturers
De Beers production declines 3% in Q4 but guidance remains unchanged
Production In South Africa also decreased by 54% to 0.4 million carats, due to the planned end of Venetia's open pit operations in December 2022
De Beers’ rough diamond production has decreased by 3% to 7.9 million carats in Q4 2023, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations, partly offset by higher production from Botswana.
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