De Beers Diamond Output Falls 11% as Botswana Production Drops 20%

De Beers diamond output falls 11% as Botswana production drops 20%

Credit: De Beers GroupDe Beers’ Q3 rough diamond output fell to 6.8mn carats as Botswana production dropped 20% on Orapa maintenance and South Africa’s Venetia ramped down. Sales rose 71%, and average prices fell 45%.

De Beers Sales Volume Jumps After Price Cut

De Beers’ rough-diamond sales volume surged in the third quarter as a price reduction at its July sight appeared to stimulate demand. Total sales volume rose 71% year on year to 9.8 million carats, parent company Anglo American reported Tuesday. On a consolidated basis – excluding sales by its joint-venture partners – volume nearly doubled, rising 91% to 8.7 million carats. Consolidated revenue, however, edged up only 4% to $731 million in the t…

Namibia stays steady as De Beers’ diamond output drops

Namibia’s rough diamond production remained stable at 500 000 carats in the third quarter of 2026, even as De Beers’ global output fell and the company revised its full-year production and cost forecasts. “Production in Namibia remained stable at 0.5 million carats,” De Beers says in its third-quarter operational update.Globally, the producer reported an 11% […]

De Beers Warns of Further Cuts

Botswana’s third-quarter diamond output fell 20 percent, with planned Jwaneng maintenance expected to drive production lower in the final quarter. BONGANI MALUNGA De Beers has warned of a further slowdown in Botswana’s diamond production before the end of 2026 after third-quarter output fell 20 percent year-on-year. In its third-quarter production report released on Tuesday (October…

De Beers reports 11 percent drop in Q3 rough diamond output

Looking ahead, the group revised its guidance for 2026 to 25–28 million carats (100% basis) (previously 21-26 million carats), reflecting De Beers assuming full ownership of the Gahcho Kué mine