{"id":493283,"date":"2026-07-16T22:21:07","date_gmt":"2026-07-16T22:21:07","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/07\/16\/south-africa-de-beers-suspends-extraction-at-venetia-mine-for-two-years\/"},"modified":"2026-07-16T22:21:13","modified_gmt":"2026-07-16T22:21:13","slug":"south-africa-de-beers-suspends-extraction-at-venetia-mine-for-two-years","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/07\/16\/south-africa-de-beers-suspends-extraction-at-venetia-mine-for-two-years\/","title":{"rendered":"South Africa: De Beers suspends extraction at Venetia mine for two years"},"content":{"rendered":"

The South African group De Beers announced on July 13, 2026, the suspension of extraction activities at the Venetia mine in South Africa for a period of two years. The company justifies this decision by unfavorable prospects in the rough diamond market, marked by a decrease in demand and a difficult economic context. However, modernization... <\/p>\n

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The South African group De Beers announced on July 13, 2026, the suspension of extraction activities at the Venetia mine in South Africa for a period of two years. The company justifies this decision by unfavorable prospects in the rough diamond market, marked by a decrease in demand and a difficult economic context. However, modernization…... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":532218,"featured_media":493284,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/07\/15\/afrique-du-sud-de-beers-suspend-pour-deux-ans-lextraction-a-la-mine-de-venetia\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12038,12036],"tags":[],"class_list":["post-493283","post","type-post","status-publish","format-standard","has-post-thumbnail","category-premium-en","category-sectors","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"\nSouth Africa: De Beers suspends extraction at Venetia mine for two years - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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