Source: IGI
Disclaimer: Copyright infringement not intended.
Jwaneng Diamond Mine in Botswana world's richest has propelled nation's economic transformation through advanced & responsible mining producing over 13 million carats in 2023 alone.
| 
 Aspect  | 
 Details  | 
| 
 Location  | 
 About 170 km southwest of Gaborone, Botswana; situated in an ancient volcanic crater.  | 
| 
 Meaning of Name  | 
 Jwaneng means place of gems in Setswana language.  | 
| 
 Ownership  | 
 Operated by Debswana a 50:50 joint venture between De Beers & Botswana government.  | 
| 
 Geology  | 
 Located atop a kimberlite pipe a volcanic geological formation that brings diamonds from Earth mantle to surface.  | 
| 
 Discovery & Operation  | 
 Discovered in 1970s; operations began in 1982.  | 
| 
 Production (2023)  | 
 Produced 13.3 million carats making it richest diamond mine in value globally.  | 
| 
 Cumulative Revenue  | 
 Estimated to have crossed $96 billion since inception.  | 
| 
 Economic Impact  | 
 Accounts for up to 70% of Debswana earnings; key to Botswana’s rise from a poor to a middle-income country.  | 
| 
 Technological Edge  | 
 Uses large drills, X-ray & laser sorting in its processing plants.  | 
| 
 Eco-Certification  | 
 First mine in Botswana to receive ISO 14001 certification for environmental management.  | 
| 
 Future Expansion  | 
 Cut-9 project (Euro 1.5 billion) to extend operations till 2035, expected to generate 53 million carats more.  | 
| 
 Underground Mining Plan  | 
 Approved in January 2024; estimated to generate Euro 20 billion & create thousands of jobs.  | 
| 
 Sustainability Initiatives  | 
 Ongoing efforts to reduce environmental impact, with green initiatives & ecosystem support.  | 
| 
 Social Responsibility  | 
 Investment in education, healthcare, housing & wildlife conservation in Botswana.  | 
| 
 Global Status  | 
 Known as Prince of Mines due to its high economic & ethical standards.  | 
| 
 Diamond Mine  | 
 Country  | 
 Estimated Value / Annual Production  | 
 Operator  | 
 Key Features  | 
| 
 Jwaneng  | 
 Botswana  | 
 ~13.3 million carats (2023); ~$1 billion+ value  | 
 Debswana (De Beers + Govt. of Botswana)  | 
 Richest mine by value; sits on kimberlite pipe; ISO 14001 certified  | 
| 
 Orapa  | 
 Botswana  | 
 ~12 million carats/year  | 
 Debswana  | 
 One of largest by area; open-pit  | 
| 
 Udachny  | 
 Russia  | 
 ~5 million carats/year  | 
 ALROSA  | 
 Deep open-pit mine; transitioning to underground  | 
| 
 Mir (Mirny)  | 
 Russia  | 
 ~2 million carats/year (before closure)  | 
 ALROSA  | 
 World’s second-largest excavated hole  | 
| 
 Catoca  | 
 Angola  | 
 ~6–7 million carats/year  | 
 Endiama + Alrosa + LLI  | 
 4th largest globally by volume  | 
| 
 Venetia  | 
 South Africa  | 
 ~4.5 million carats/year  | 
 De Beers  | 
 Largest diamond producer in South Africa  | 
| 
 Argyle (Closed 2020)  | 
 Australia  | 
 ~14 million carats/year (peak)  | 
 Rio Tinto  | 
 Known for pink & red diamonds  | 
| 
 Letšeng  | 
 Lesotho  | 
 Smaller volume but highest average value/carat  | 
 Gem Diamonds  | 
 Famous for large high-value diamonds  | 
| 
 Diavik  | 
 Canada  | 
 ~6–7 million carats/year  | 
 Rio Tinto  | 
 Arctic mining; uses ice roads  | 
| 
 Gahcho Kué  | 
 Canada  | 
 ~4.5 million carats/year  | 
 Mountain Province + De Beers  | 
 One of Canada’s newest & richest mines  | 
| 
 Mine / Project  | 
 State  | 
 Status  | 
 Operator / Agency  | 
 Key Details  | 
| 
 Panna Diamond Mine  | 
 Madhya Pradesh  | 
 Operational  | 
 NMDC (Govt. of India)  | 
 Only active diamond mine in India; located in Vindhya Range  | 
| 
 Majhgawan Pipe  | 
 Madhya Pradesh  | 
 Operational  | 
 NMDC  | 
 Part of Panna group; diamond-bearing kimberlite pipe  | 
| 
 Bunder Project  | 
 Madhya Pradesh  | 
 Lease transferred (non-operational)  | 
 Initially Rio Tinto → Essel Mining (Aditya Birla Group)  | 
 High-grade deposits; eco-sensitive area; stalled due to environmental concerns  | 
| 
 Kollur Mine (Historic)  | 
 Andhra Pradesh  | 
 Closed (Historic Site)  | 
 N/A  | 
 Source of famous Koh-i-Noor, Hope Diamond during medieval period  | 
| 
 Wajrakarur Kimberlite Field  | 
 Andhra Pradesh  | 
 Exploration Phase  | 
 Geological Survey of India  | 
 Significant kimberlite pipes discovered  | 
| 
 Raichur-Gulbarga Belt  | 
 Karnataka  | 
 Exploration Phase  | 
 MECL / GSI  | 
 Ancient deposits; under exploration  | 
| 
 Sambalpur–Nuapada Belt  | 
 Odisha  | 
 Exploration Initiated  | 
 State Govt. + GSI  | 
 Potential kimberlitic zones being studied  | 
For more such articles, please visit IAS GYAN
Sources:
| 
 PRACTICE QUESTION Q. Jwaneng Diamond Mine stands as a global model of resource-based development. Critically examine role of mineral wealth in transforming national economies with special reference to Botswana & India.  | 
								
								
				© 2025 iasgyan. All right reserved