Diamonds in Botswana: A Closer Look at Their …
Discover how Botswana's diamond industry impacts the global market, economy, and environment. Explore GIA's insights into one of the world's top diamond sources.
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The Brilliance of Botswana Diamonds – YourBotswana
All diamond mining in Botswana operates under a licensing agreement with the government in which 80% of diamond-related revenues are put back into the country's economy. ... The economic significance of Botswana's diamond industry cannot be overestimated. Diamonds account for a staggering 80% of Botswana's export revenue, fuelling the ...
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Botswana
Botswana's mining industry continues to be a global mining stalwart, especially diamond mining – Botswana is the world's leading producer of diamonds by value. The …
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Botswana's diamond trade, an increasingly lucrative business in …
On one hand, the South African mining giant depends on rough diamonds from the neighboring country for 70% of its trade; on the other, Botswana's economy thrives thanks to the sale of the precious stones, which according to data from the International Monetary Fund, represent 90% of its exports.
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Botswana Mining Investment and Governance Review
stages of the mining "value chain" and "themes" relevant to mining investment and governance. Mining is extremely important in Botswana, in particular the diamond resource that mostly has accounted for the country's steady, significant growth rate from its discovery half a century ago to present day. This mineral
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THE 2018/19 BOTSWANA MINERAL ACCOUNTS …
Figure 4: Botswana Diamond Sales Source: Diamond Hub 11 Figure 5: 2018 Botswana Diamond Production 16 Figure 6: 2019 Botswana Diamond production 16 Figure 7: Botswana Diamonds Reserve size versus Life of mine estimates 18 Figure 8: Morupule Coal Mine Production (2009-2019) 21 Figure 9: Botswana thermal and washed coal sales (2010-2019).
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THE BOTSWANA DIAMOND PIPELINE "PROSPECTING …
Botswana's downstream diamond industry currently employs over 3,000 people. Diamond Jewellery manufacturing is still in its infancy in Botswana, having really only developed in the 10 years. Diamond jewellery manufacturing is ... diamond mine to be commissioned in Botswana is Boteti Diamond's A/K6 Karowe Mine, some 10km west of Debswana's ...
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A New Dawn for the Botswana Diamond Industry – YourBotswana
Botswana still depends on diamonds for economic growth, despite efforts to diversify the economy away from mining. The economy is expected to grow only 3.8% in 2023, compared to 5.8% in 2022, due to weak demand for rough diamonds, Masisi said in his State of the Nation Address on November 6.
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A New Dawn for the Botswana Diamond Industry
Botswana still depends on diamonds for economic growth, despite efforts to diversify the economy away from mining. The economy is expected to grow only 3.8% in 2023, …
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Botswana Mining Review – Comprehensive Coverage of the …
The Botswana Mining Review (BMR) is a media platform in digital and print format established to highlight the developments in the mining and exploration sector together with the associated industries. The mining industry remains the main driver of economic activity in the country and is forecasted to sustain the economy further into the future.
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Botswana Mining Book Launch 2025 – DTC Botswana
Upon arrival from mining operations, diamonds are meticulously sorted and categorized based on their carat weight, cut, clarity, and color—the four critical characteristics known as the 4Cs. ... This informative book traces the journey of Botswana's mining industry, detailing its transformation from one of the world's poorest nations at ...
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Botswana Struggles to Diversify Exports beyond Diamonds
2022. In 2023, the mining and quarrying industry, including diamond production, contributed around 41 billion Botswana pula (about three billion U.S. dollars) to Botswana's GDP. Diamond traders also contributed approximately 3.7 billion Botswana pula (271 million U.S. dollars) to the country's economy (Statista, 2024).
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Challenges Facing the Botswana Diamond Industry
Diamond mining in Botswana has gained increasing attention in recent times. Headlines about the African country have focused on the British royal family, sales dynamics and of course the largest diamond ever found, …
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Corporate Social Responsibility in a Diamond-Mining Company in Botswana
The diamond-mining industry is also the biggest source of revenue for the government of Botswana. It was a documentary survey that analysed secondary data from both official publications and other available literature. Company websites and publications provided valuable information on an industry which has limited information in the public ...
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Botswana's Diamond Industry Drives Growth and Social Impact
The mining sector has become one of the most critical sources of formal employment in Botswana, especially in mining towns like Jwaneng and Orapa. Healthcare is another sector that has benefited from Botswana's diamond revenues. For instance, mining revenues have been used to build modern hospitals and improve access to medical services.
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Botswana : President Boko's election reshuffles cards in diamond
The election of Duma Boko as president of Botswana last month opens up opposing prospects for two firms in the world's leading diamond producer: diamond giant De Beers, which has been struggling for more than two years to finalise the renewal of its commercial and mining agreements with Gaborone (AI, 30/09/24), and Belgian trader HB Antwerp ...
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Lucara Botswana's Impact: Diamonds, Communities, and Lasting …
The diamond was recovered in April 2019 by the Lucara Diamond Corp in its Karowe diamond mine in Botswana. The diamond is 1,758 carats and weighs 352 grams or 12.39 oz. The Sewelô is the largest diamond in Botswana's history, surpassing the 1,111 carats (222 g, 7.83 oz.) Lesedi La Rona extracted at the same mine on 16 November 2015. The ...
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Diamond Mining in Botswana
The diamond mining industry has become a symbol of economic growth and development in Botswana, transforming it from one of the poorest countries in Africa at independence in 1966 to one of the most prosperous …
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Diamonds aren't forever: Botswana looks beyond mining
Diamonds are a finite resource – and the growth of synthetic alternatives poses a clear challenge to the diamond mining industry. Botswana's leaders have been aware of the dangers of diamond over-dependence for decades. There have been no shortage of plans and projects to diversify Botswana's economy in recent years.
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Botswana expects 2025 economic growth rebound on better diamond market
Botswana's economy is expected to grow 3% to 4% in 2025 after a contraction last year, a senior government official said at a budget workshop on Friday, as the global diamond market is ...
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Driving Value Addition in Botswana's Diamond Industry
Botswana's active diamond mines include Jwaneng, Orapa, and Letlhakane, all operated by Debswana, and the Karowe mine, owned and operated by Lucara Diamond Corp. In 2023, these four mines collectively produced 25.1 million carats of diamonds, with the Debswana mines contributing 77 percent to De Beers' total annual production.
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Jwaneng Diamond Mine, Botswana
The Jwaneng diamond mine is located approximately 170km south-west of Gaborone in the south-central part of Botswana, Southern Africa. Jwaneng open-pit mine geology and reserves The Jwaneng open-pit mine consists of Paleoproterozoic-aged sedimentary rocks occurring as a collection of tilted and displaced blocks with dolomites at the base.
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Challenges Facing the Botswana Diamond Industry
The Botswana diamond industry is crucial to the country's economic health, but with gem sales slumping diversification may be necessary. Diamond mining in Botswana has gained increasing attention in recent times. Headlines …
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Botswana: Mining a New Growth Model
Yes, diamond production may only extend for another 30 years and mining activities do not create enough jobs. In addition, Botswana has a small domestic market, which constrains the long-term success of a development strategy based on diamonds and the expansion of …
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Five treasures driving Botswana's economic future
Botswana, renowned for its stunning landscapes and diverse wildlife, is equally a treasure trove of rare minerals, positioning itself as a major player in the global diamond industry as part of the broader precious gems and metals market, encompassing the mining, processing, trading, and retailing of diamonds and other gemstones which makes a vital component of the …
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The contribution of diamonds to Botswana's development
From 1966 to 2014, Botswana's GDP per capita (a basic measure of national wealth) grew at an average of 5.9 per cent a year (measured in purchasing power parity), one of the highest rates in the world over that period (see Figure 5). Diamond mining accounted for a large portion of the value added to the economy from the mid-1970s to the mid ...
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Botswana faces economic troubles as diamonds lose luster
Botswana has long relied on diamonds to fuel its economy, but the industry is faltering. Now, voters have rejected the ruling party for the first time in six decades. Botswana faces economic ...
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Botswana, the country with the biggest diamonds, …
Botswana has unearthed all of the world's largest rough diamonds over the last decade, including a 2,492-carat stone discovered last year that was the second-biggest diamond ever dug out of a mine and the biggest in more than a …
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The Economics of Diamond Mining in Botswana
Diamonds have played an essential role in Botswana's economic success story. The diamond industry alone contributes approximately 30 percent to the country's GDP and accounts for nearly 80 percent of its export revenue.
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