Jwaneng’s Sparkle

  • Richest Diamond Mine: Jwaneng Diamond Mine in Botswana is the world’s richest diamond mine, valued at approximately €1 billion.
  • “Prince of Mines”: It’s nicknamed the “Prince of Mines” due to its significant diamond output.
  • Location: Situated in an ancient volcanic crater, 170 km southwest of Gaborone.
  • Operator: Operated by Debswana, a joint venture between De Beers and the Botswana government.
  • Kimberlite Pipe: The mine sits on a kimberlite pipe, a volcanic formation transporting diamonds from the Earth’s mantle.
  • Operational History: Discovered in the 1970s by De Beers, operating since 1982.
  • Production: In 2023, it produced 13.3 million carats.
  • Economic Impact: Has contributed significantly to Botswana’s economy, accounting for around 70% of Debswana’s earnings. Estimated revenue exceeds $96 billion since inception.
  • Advanced Mining: Employs advanced technologies, including large drills, X-ray, and laser sorters for diamond extraction.
  • ISO 14001 Certification: First in Botswana to receive ISO 14001 for eco-friendly practices.
  • Future Projects: The “Cut-9” project (€1.5 billion) aims to extend the mine’s life until at least 2035, yielding 53 million additional carats.
  • Underground Expansion: An approved underground expansion in January 2024 is expected to generate €20 billion and create thousands of jobs.
  • Responsible Mining: Praised for its responsible mining practices, with Debswana investing in local communities and wildlife preservation.