De Beers produced 4.83 million carats of diamonds in Botswana in the third quarter of 2026, down 20% year on year, according to results published on Tuesday, 20 October. The group attributes the decline to scheduled maintenance at its Orapa facilities.
Orapa output fell by 36%, to 1.85 million carats. Jwaneng recorded a more modest decline, of 5%, but work planned for the fourth quarter is still expected to reduce its volumes, De Beers said.
Despite the quarterly decline, Botswana output is still up 14% over the first nine months, at 15.13 million carats.
De Beers has nevertheless raised its global guidance for 2026 to a range of 25 to 28 million carats, from 21 to 26 million previously. The revision includes the full takeover of Gahcho Kué in Canada on 16 October. The group’s accounted share of this mine will rise from 51% to 100%, with no corresponding increase in global supply.
Anglo American is also seeking to sell De Beers. According to Reuters, it is negotiating notably with Botswana, which already holds 15% of the diamond company and wants to increase that stake. The sale remains ongoing.