Billion dollar diamond treasure inside a volcano in Africa

New Delhi:

The Jeaneng Diamond mine located in Botswana is the mood of the richest diamond globally, with an estimated value of 1 billion euros. Often known as the “prince of mines”, the Jeang Botswana’s capital is located in an ancient volcanic pit in the south -west of the south -west of Gaborone, the capital of Botswana. The mine is operated by Debwana, a joint venture in the middle De beerA major diamond company and the Sarkar Botswana.

Jeang, which means that in Settswana, “a place of gems”, sits on top of a kimberlite pipe, a volcanic formation that brings diamonds to the surface deep to the surface within the earth’s mental. my history The 1970s dates when De Beers discovered the site, and it has been working since 1982. Over the years, it has produced millions of carat diamonds from its three main kimberlite pipes. In 2023 alone, Jeang produced 13.3 million carats, making it the world’s most valuable diamond mine.

Jawanng has played an important role in Botswana’s economy, contributing up to 70 percent of Debwana’s earnings. It is estimated that the revenue of the mine has crossed $ 96 billion since its inception. This economic boost has helped in Botswana infection in a moderate -income country in one of the world’s poorest countries in the 1960s.

Mining in Jeang is highly advanced, with large drills to loosen the rock, and trucks take it to a processing plant. Here, diamonds are separated using state-of-the-art techniques such as X-rays and laser sorters. Despite facing some environmental challenges, ISO 14001 certifications in Jawaneng Botswana were for their environmentally friendly practices.

Jeang’s future looks bright, with the “Cut -9” project, a euro 1.5 billion initiative, set to expand the life of the mine by at least 2035, generating an additional 53 million carats. An underground expansion approved in January 2024 will also create thousands of jobs and the euro is expected to be born around 20 billion in the coming decades.

Unlike many other mines globally, Jawaneng has earned praise for his responsible mining practices. Debwana invests in education, healthcare, housing and wildlife protection in Botswana.

The mine faces challenges related to environmental stability, which the company addresses through green initiative.

The mine is an important part of Botswana’s economy and is a model for responsible mining.