Jwaneng Diamond Mine

Jwaneng Diamond Mine Latest News

The Jwaneng Diamond Mine is the richest diamond mine globally, with an estimated value of 1 billion euros.

About Jwaneng Diamond Mine

• Jwaneng Diamond Mine, dubbed the 'Prince of Mines,' is located in Botswana.
• It is the world's richest diamond mine by value. 
• The mine lies on the edge of the Kalahari Desert.
• It is situated in an ancient volcanic crater about 170 km southwest of Botswana's capital, Gaborone. 
• The mine is operated by Debswana, a joint venture between De Beers, a leading diamond company, and the Botswana government.
• Jwaneng, which means "a place of gems" in Setswana, sits atop a kimberlite pipe, a volcanic formation that brings diamonds from deep within the Earth's mantle to the surface.
• The mine's history dates back to the 1970s when De Beers discovered the site, and it has been operating since 1982. 
• Over the years, it has produced millions of carats of diamonds from its three main kimberlite pipes.
• In 2023 alone, Jwaneng produced 13.3 million carats, solidifying its reputation as the world's richest diamond mine, valued at an estimated £1 billion.
• Jwaneng has played a crucial role in Botswana's economy. It is estimated that the mine's revenue has crossed $96 billion since its inception.
• Mining at Jwaneng is highly advanced, with large drills loosening the rock, and trucks transporting it to a processing plant. 
• Here, diamonds are separated using state-of-the-art technologies like X-ray and laser sorters. 
• Jwaneng was the first in Botswana to receive ISO 14001 certification for its eco-friendly practices.

Jwaneng Diamond Mine FAQs

Q1. In which country is the Jwaneng Diamond Mine located?

Ans. Botswana

Q2. What natural formation is the Jwaneng Mine located in?

Ans. Kimberlite pipe

Q3. Which company jointly operates the Jwaneng Mine with the Botswana government?

Ans. De Beers

Source: NDTV