| Location | |
|---|---|
  Karowe diamond mine Location of Karowe diamond mine | |
| Country |  Botswana |
| Coordinates | 21°29′59″S25°28′16″E / 21.49972°S 25.47111°E |
| Production | |
| Products | Diamonds |
| Owner | |
| Company | Lucara Diamond |
Karowe diamond mine is a mine located in Botswana. [1] [2] [3] [4] [5] [6] [7] It is an open-pit mine. [8] In 2021, Lucara Diamond secured $220 million to take the mine underground. [9]
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6–7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water.
Burgundy Diamond Mines Limited is an end-to-end global diamond company that delivers gem-quality diamonds from its cornerstone asset Ekati Diamond Mine through rough sales to its polished and cut diamond sales office in Perth, Australia. Burgundy is publicly traded on the Australian Stock Exchange (ASX:BDM) and is the parent company of Arctic Canadian Diamond Company Limited. The company sources its gem-quality diamonds from the Ekati Diamond Mine, located in the Northwest Territories, Canada. The company has a corporate office in Calgary, Alberta, Canada, a rough diamond sales office in Antwerp, Belgium, and a cut and polishing facility in Perth, Australia.
The Jwaneng diamond mine is the richest diamond mine in the world, and also the second largest in the world. It is nicknamed "the Prince of Mines", and is located in south-central Botswana about 170 kilometers (110 mi) southwest of the city of Gaborone.
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. Debswana operates four diamond mines in the eastern and central parts of Botswana, as well as a coal mine. Debswana is a joint venture between the government of Botswana and the South African diamond company De Beers; each party owns 50 percent of the company.
Orapa is a town located in the Central District of Botswana. It is the site of the Orapa diamond mine, the largest diamond-producing mine in the world, and is considered to be the diamond capital of the country. Nearby is another kimberlite mine owned by Lucara Diamond, thought to have very large reserves of diamonds.
Letlhakane is a village in the Central District of Botswana. Letlhakane is the headquarters of the Boteti sub-district. It is located south of Mmatshumo and the population of the village was 22,911 in 2011 census.
The Mir mine, also called the Mirny mine, is an open pit diamond mine located in Mirny, Sakha Republic, in the Siberian region of eastern Russia. The mine is more than 525 meters deep, has a diameter of 1,200 m, and is one of the largest excavated holes in the world.
Firestone Diamonds plc is an AIM-listed United Kingdom-based company, operating in Lesotho and Botswana. In May 2018, the firm announced the appointment of Paul Bosma as CEO slated to succeed Stuart Brown on 1 July 2018. In 2021 Firestone Diamonds appointed Rob De Pretto as CEO to succeed Paul Bosma, who has left the company after seven years. He has also held executive and leadership roles at Diamcor Mining, Anglo American Research and De Beers.
Mmadikola is a village in the Central District of Botswana. It is located in the western part of the district, close to Makgadikgadi Pan, and it has a primary school. The population was 828 in 2001 census.
The mining industry of Botswana has dominated the national economy of Botswana since the 1970s, being a primary sector industry. Diamond has been the leading component of the mineral sector ever since production of gems started being extracted by the mining company Debswana. Most of Botswana's diamond production is of gem quality, resulting in the country's position as the world's leading producer of diamond by value. Copper, gold, nickel, coal and soda ash production also has held significant, though smaller, roles in the economy.
Gem Diamonds is a British-based global diamond mining business. It is headquartered in London and is listed on the London Stock Exchange. In 2017, the company generated a profit of $20.8 million.
Lucara Diamond Corp. is a diamond exploration and mining company, founded in 2009 by two Canadian mining executives, Eira Thomas, Catherine McLeod-Seltzer and Swedish-Canadian mining billionaire Lukas Lundin, operating in Southern Africa but established in Canada. In November 2015, Lesedi La Rona, the world's second largest gem-quality diamond ever found, was found at the Karowe mine in Botswana.
Katanga Mining Ltd was a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada. Katanga Mining operated a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt. It claimed to have the "potential of becoming Africa's largest copper producer and the world's largest cobalt producer."
Lesedi La Rona, formerly known in media as Karowe AK6 or as Quad 1 by the personnel at the mine, is the fifth-largest diamond ever found, and the third-largest of gem quality. It was found in the Karowe mine, in Botswana on 16 November 2015.
The Sewelô diamond is the third-largest rough diamond ever found. 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.
Botswana saw the beginning of the COVID-19 pandemic in 2020. Lockdowns were implemented between March and May, and restrictions continued throughout the year. The previous year's general election was disputed by the opposition, and several cases were filed to overturn the results. Tensions rose with South Africa in 2020 as Botswana sought the prosecution of Bridgette Radebe. Concerns regarding wildlife conservation increased in 2020 as elephants began dying off in large numbers, as well as similar concerns about vultures. Armed conflicts with poachers continued throughout the year, including the killing of four men in November that caused protests in Namibia.
Botswana continued to address the COVID-19 pandemic in 2021, beginning its vaccination process through the importation of vaccines. On November 11, Botswana was the location of the first documented case of the SARS-CoV-2 Omicron variant. 2021 also saw the discovery of two diamonds in Botswana that exceeded 1000 carats, becoming the third and fourth largest diamonds ever discovered. In relations with its neighbouring countries, Botswana continued to address violence at the Botswana–Namibia border, and it entered into the conflict in Cabo Delgado in support of the government of Mozambique.
HB Antwerp is a diamond cutting and technology company based in Antwerp, Belgium. It was founded in 2020 by Shai de Toledo, Rafael Papismedov, and Oded Mansori.