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De Beers' US$2.3BN flagship Venetia expansion produces first diamonds

International diamond miner De Beers has hit a major milestone at its Venetia mine in South Africa with production of its first diamonds.

Georgia Williams
e Beers expects to produce 4 million carats of diamonds annually from the Venetia

e Beers expects to produce 4 million carats of diamonds annually from the Venetia

The initial output follows a US$2.3 billion investment that enabled underground mining. De Beers began the mine plan expansion in 2012 and ramped up the efforts after open pit mining concluded at "South...

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