Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Tuesday, May 24, 2011

Debswana of Botswana Sees 4.6% Increase in 2011 Diamond Output

May 24 (Bloomberg) -- Debswana Diamond Co., a joint venture between the Botswana government and De Beers, plans to increase diamond production by 4.6 percent to 25 million carats this year, said Managing Director Jim Gowans.

The company has sold $1.1 billion of the gems so far, he said today at a meeting in Gaborone, the capital. In 2009, Debswana mined 23.9 million carats that were sold for $2.6 billion, he said.


http://www.businessweek.com/news/2011-05-24/debswana-of-botswana-sees-4-6-increase-in-2011-diamond-output.html