Namibia produced 2,137 rough diamonds last year according to the latest figures released by De Beers, a 46% increase from the previous year’s production of 1.467 million
Namibia produced 2,137 rough diamonds last year according to the latest figures released by De Beers, a 46% increase from the previous year’s production of 1.467 million. The surge in the country’s production was attributed to the coming into operation of the N$7-billion diamond recovery vessel, Benguela Gem, which was inaugurated in March last year, and the treatment of higher-grade ore at the land operations.
Namibia produced 2,137 rough diamonds last year according to the latest figures released by De Beers, a 46% increase from the previous year’s production of 1.467 million. The surge in the country’s production was attributed to the coming into operation of the N$7-billion diamond recovery vessel, Benguela Gem and the treatment of higher-grade ore at the land operations. In the period under review, Debmarine Namibia’s production for 2022 increased by 52% to 1,725 million carats from 1,137 million carats in 2021.
Namdeb Diamond Corporation (Pty) Limited is a company owned by the Namibian Government and De Beers. Nambed’s production also increased by 25% to 412 000 carats from 330,000 carats the previous year, while in Q4 it recorded a 144% surge in production. De Beers’ total output for the full year of 2022 was 34.6m carats, a 7% increase from 32.3 million carats in 2021, slightly above its production guidance of 32 million to 34 million carats.
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The miner said its 2023 production guidance is 30 million to 33 million carats at an average production cost of US$80 per carat. The consolidated average realized price per carat during 2022 was US$197, up 35% in 2021, according to the Anglo-American Production Report Q4 2022.
