Budgets align output with demand

source: BOPA
09 March, 2010

GABORONE -The decision to continue the closure of Damtshaa Mine this year was informed by the Debswana Diamond Company production budget, which will be at 60 per cent relative to 2008 levels.

Answering a question from Boteti North MP, Mr Slumber Tsogwane, the Minister of Minerals, Energy and Water Resources, Mr Ponatshego Kedikilwe said production budgets were set to align mine output with market demand.

Mr Tsogwane had asked the minister what informed the closure of Damtshaa Mine and when other companies other than De Beers intended to start operations in the small mines around Letlhakane.

He further wanted the minister to say when he intended resuming the mining of diamonds at all the [continue reading]

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