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[10] [11] Additionally, Botswana has implemented policies to promote local beneficiation, encouraging the cutting and polishing of diamonds within the country to capture more value from the industry. [12] [13] With its rich diamond reserves, its commitment to sustainability, and partnerships, Botswana has been significant in the diamond industry.
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 ).
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 ]
Best Practice Principles Assurance Program (a Diamond Trading Company program) [7] – LKI subscribes to and is compliant with this program, which was developed to demonstrate to supply chain partners, consumers and other interested stakeholders that the exploration, extraction, sorting, cutting and polishing of diamonds, and the manufacture ...
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 .
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 ...
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.
The Guiding Principles' normative contribution lies not in the creation of new international law obligations but in elaborating the implications of existing standards and practices for states and businesses; integrating them within a single, logically coherent and comprehensive template; and identifying where the current regime falls short and ...