December 12, 2005
Last Wednesday there was news that production out of De Beers's Botswana
division, Debswana, was set to level out around the 31 million carat mark in
coming years, but next year lower grades may knock a chunk off the revenue
line as well. In a presentation made at the Botswana Resource Conference in mid-August, Debswana said revenues would drop in the coming years as the company mines through more lower grade materials, reports Mineweb.