News

BHP Billiton’s diamond production dips 39% in Q2

Diamond production in first half drops 35%

diamond world news service

In the second quarter of the current fiscal year 2012-13 which closed on December 31, 2012, BHP Billiton’s diamond production from its Ekati mine recorded a 39 percent drop (on y-o-y basis) to 295,000 carats, reports add. The production when considered in view of the first six months of the said year, dropped 35 percent (n y-o-y basis) to 608,000 carats.

The company had last year announced its agreement with Harry Winston Diamond Corp, for sale of all interests in the Ekati mine to the latter for $500 million. It also noted that it intends to conclude the sale by first half of 2013, reports add.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Gemfields' November 2024 Emerald Auction Yields $16.1 Million Amid Market Challenges

NDC and Jos Alukkas Unite to Elevate the Natural Diamond Market

GIA Board of Governors Welcomes Lisa Bridge and Dr. Wendy Bohrson as New Members

Marie Antoinette’s Historic Diamond Necklace Fetches $4.8 Million at Auction

Princess Margaret's Sapphire and Emerald Ring to Be Auctioned