Diamonds were discovered in Botswana in 1967, and Debswana was formed in 1969. The most recent large diamond found at Jwaneng mine was a stone weighing 446 carats in 1993, she said.

Jwaneng has played a crucial role in Botswana's economy, contributing up to 70 per cent of Debswana's earnings. It is estimated that the mine's revenue has crossed $96 billion since its inception.

Officially opened in 1982, the Jwaneng mine usually yields between 12.5 million and 15 million carats of diamonds a year, according to Debswana. This month’s find is the largest gem unearthed by ...

Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6 billion Jwaneng underground project, a director said on Monday, as dwindling revenues have ...

The mine is located 170 km (105 miles) southwest of Gaborone, and estimated to be valued at over $1 billion, making it richest diamond mine in the world. Notably, the Jwaneng diamond mine is an ...

The company discovered the diamond on June 1 in Botswana’s Jwaneng Mine. The diamond is surpassed in size by a 3,106-carat stone found in South Africa in 1905 and a 1,109-carat gem unearthed in ...

In the wake of the Covid-19 pandemic, before Botswana had its first case, Jwaneng Mine developed a strategy dubbed “Operation Save Botswana” with a mandate to test, track and contain the virus ...

The company formed in 1969, just two years after diamonds were first discovered in Botswana. Armstrong said the Jwaneng mine last boasted a large diamond find in 1993, which weighed 446 carats.