Market NewsNewsDe Beers FY production up 22% vs 2016

De Beers FY production up 22% vs 2016

Global miner Anglo America saw its output climb 5% last year thanks mainly to its diamond and iron ore divisions, though copper production remained flat, reported.

The company said output at its diamond unit, De Beers, climbed 22% compared with the previous year to 33.5 million carats, as its Gahcho Kué mine reached full production. Gahcho Kué, Canada's newest diamond mine and the world’s largest in the last 13 years, is a joint venture between De Beers and Mountain Province Diamonds. It officially opened in September 2016, achieving commercial production last March, the report said.

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