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In 2022, mining accounted for about 16% of Botswana's real gross domestic product (GDP). [6] Most of Botswana’s mineral industry consists of diamonds. [7] Beyond diamonds, Botswana also boasts abundant mineral resources such as coal, copper, nickel, and soda ash, along with granite, further diversifying its mining sector.
Debswana Diamond Company Limited, or simply Debswana, is a mining company located in Botswana, and is the world's leading producer of diamonds by value. [3] Debswana operates four diamond mines in the eastern and central parts of Botswana, as well as a coal mine. [ 3 ]
The Jwaneng diamond mine is the richest diamond mine in the world, [2] and also the second largest in the world. [3] It is nicknamed "the Prince of Mines", [ 2 ] and is located in south-central Botswana about 170 kilometers (110 mi) southwest of the city of Gaborone .
The diamond, which has yet to be named, is the second-largest to be discovered since the 3,106-carat Cullinan Diamond was found 119 years ago in South Africa in 1905, CNN reported.
A 2,492-carat diamond was unearthed at Botswana's famed Karowe mine this week by Canada's Lucara Diamond, one of the largest stones ever.. Lucara Diamond, in a news release Wednesday, said the ...
On August 22, 2024, Lucara announced the discovery of a 498.4 g (2,492 carats) rough diamond there. [15] Currently, it is the second-largest gem-quality diamond ever found [16] and, according to the government of Botswana, the largest ever discovered in the country. [13]
The 1,111-carat Lesedi La Rona diamond, also from Botswana's Karowe Mine, was bought by a British jeweler for $53 million in 2017. Another diamond from Karowe, The Constellation, was sold for the ...
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [ 1 ] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia ( NDTC ).
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