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South African Q1 diamond production up 97% – Anglo


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South African Q1 diamond production up 97% – Anglo

Opencast Venetria diamond mine.
Photo by Creamer Media's Donna Slater
Opencast Venetria diamond mine.

23rd April 2020

By: Martin Creamer
Creamer Media Editor

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JOHANNESBURG (miningweekly.com) – Diversified mining company Anglo American reported on Thursday that its first-quarter diamond production in South Africa increased by 97% to 0.8-million carats as the final ore from the opencast Venetia mine in Limpopo was mined prior to transitioning to underground mining,

Venetia’s underground mine will extend operational life to 2045.

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In its first quarter production report for the three months to March 31, Anglo stated in a release to Mining Weekly that overall rough diamond production by De Beers was in line with the prior year at 7.8-million carats, with limited impact from Covid-19 measures introduced at the end of the quarter in producer countries.

In Brazil, Anglo’s Minas-Rio iron-ore mine continued its strong operational performance, with 6.4-million tonnes of premium grade iron-ore production, reflecting productivity improvements.

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In Chile, there was continued strong performance from the Collahuasi copper mine, where a 16% increase in copper production partly offset the expected impact of ongoing water constraints at Los Bronces.

In Australia, metallurgical coal production decreased by 8% to 3.8-million tonnes, owing to the timing of longwall moves.

In South Africa, although the start of a Covid-19 lockdown had a limited 2% impact on first-quarter production, refined platinum group metals production was significantly reduced by the outage of the Anglo Converter Plant.

In Botswana, production decreased by 5% to 5.6-million carats, driven by a 7% decrease at the Orapa diamond mine, while production at Jwaneng fell 4% owing to planned lower grade.

In Namibia, diamond production increased by 6% to 0.5-million carats owing to planned higher-grade at the marine operations.

In Canada, diamond production decreased by 19% to 0.8-million carats, primarily owing to the closure of the Victor mine, which reached the end of its life last year. Gahcho Kué production increased by 4% to 0.8-million carats on strong plant performance.

Rough diamond sales totalled 8.9-million carats from two sales cycles, an increase compared with the first quarter of last year.

In response to the impact of Covid-19 on mining operations, wholesale trading activity and consumer traffic in key consumer markets, production guidance has been revised to 25-million to 27-million carats, down from the previous 32-million to 34-million carats.

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