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- 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 81.2-142.7 81.2z"/>
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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.