Anglo American Reports 7% Rise In Output To 8.5M Carats In Q2

(IDEX Online News) – Anglo American reported that diamond production increased by 7 percent to 8.5 million carats in the second quarter of this year from a year before, largely due to higher output at Venetia following the recovery from the pit flooding in 2013.

Meanwhile, production for the first half of this year was up 12 percent on the year to 16 million carats from 14.3 million carats a year earlier, the mining giant added. Anglo American owns 85 percent of De Beers.

At Debswana, production benefited from improved productivity at the processing plants, together with the impact of the clean-up of the Jwaneng slope failure in 2013, the firm said.

This was offset by the mining of lower grade areas at Jwaneng.

Operations in southern Africa were affected by high seasonal rainfall in the first quarter, but recovered in the second quarter.