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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 ).
Tree map of Botswana’s exports in 2009. Botswana's diamond industry is very important to its economy. [3] Since the discovery of diamonds in Botswana in the late 1960s in the Orapa diamond mine, [8] these precious gemstones have played a very important role in shaping the nation's economics.
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 ]
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 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 man and two children sifting for diamonds in Sierra Leone in 2004.. The United Nations imposed sanctions against UNITA in 1998 through United Nations Security Council Resolution 1173, however investigators led by Robert Fowler presented the Fowler Report to the UN in March 2000, which detailed how the movement was able to continue financing its war efforts through the sale of diamonds on the ...