{"id":15987,"date":"2025-04-24T16:18:42","date_gmt":"2025-04-24T16:18:42","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=15987"},"modified":"2025-04-24T16:19:51","modified_gmt":"2025-04-24T16:19:51","slug":"jwanengs-sparkle","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/jwanengs-sparkle\/","title":{"rendered":"Jwaneng&#8217;s Sparkle"},"content":{"rendered":"<ul>\n<li><strong>Richest Diamond Mine:<\/strong> Jwaneng Diamond Mine in Botswana is the world&#8217;s richest diamond mine, valued at approximately \u20ac1 billion.<\/li>\n<li><strong>&#8220;Prince of Mines&#8221;:<\/strong> It&#8217;s nicknamed the &#8220;Prince of Mines&#8221; due to its significant diamond output.<\/li>\n<li><strong>Location:<\/strong> Situated in an ancient volcanic crater, 170 km southwest of Gaborone.<\/li>\n<li><strong>Operator:<\/strong> Operated by Debswana, a joint venture between De Beers and the Botswana government.<\/li>\n<li><strong>Kimberlite Pipe:<\/strong> The mine sits on a kimberlite pipe, a volcanic formation transporting diamonds from the Earth&#8217;s mantle.<\/li>\n<li><strong>Operational History:<\/strong> Discovered in the 1970s by De Beers, operating since 1982.<\/li>\n<li><strong>Production:<\/strong> In 2023, it produced 13.3 million carats.<\/li>\n<li><strong>Economic Impact:<\/strong> Has contributed significantly to Botswana&#8217;s economy, accounting for around 70% of Debswana&#8217;s earnings. Estimated revenue exceeds $96 billion since inception.<\/li>\n<li><strong>Advanced Mining:<\/strong> Employs advanced technologies, including large drills, X-ray, and laser sorters for diamond extraction.<\/li>\n<li><strong>ISO 14001 Certification:<\/strong> First in Botswana to receive ISO 14001 for eco-friendly practices.<\/li>\n<li><strong>Future Projects:<\/strong> The &#8220;Cut-9&#8221; project (\u20ac1.5 billion) aims to extend the mine&#8217;s life until at least 2035, yielding 53 million additional carats.<\/li>\n<li><strong>Underground Expansion:<\/strong> An approved underground expansion in January 2024 is expected to generate \u20ac20 billion and create thousands of jobs.<\/li>\n<li><strong>Responsible Mining:<\/strong> Praised for its responsible mining practices, with Debswana investing in local communities and wildlife preservation.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Richest Diamond Mine: Jwaneng Diamond Mine in Botswana is the world&#8217;s richest diamond mine, valued at approximately \u20ac1 billion. &#8220;Prince of Mines&#8221;: It&#8217;s nicknamed the &#8220;Prince of Mines&#8221; 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 &#8230; <a title=\"Jwaneng&#8217;s Sparkle\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/jwanengs-sparkle\/\" aria-label=\"Read more about Jwaneng&#8217;s Sparkle\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":16004,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[1284],"class_list":["post-15987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-23-04-25"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Jwaneng&#039;s Sparkle - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/jwanengs-sparkle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jwaneng&#039;s Sparkle\" \/>\n<meta property=\"og:description\" content=\"Richest Diamond Mine: Jwaneng Diamond Mine in Botswana is the world&#8217;s richest diamond mine, valued at approximately \u20ac1 billion. &#8220;Prince of Mines&#8221;: It&#8217;s nicknamed the &#8220;Prince of Mines&#8221; 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 ... 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Location: Situated in an ancient volcanic crater, 170 km southwest of Gaborone. Operator: Operated by Debswana, a joint venture between De ... 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