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WORLD’S THIRD-LARGEST DIAMOND UNEARTHED IN JWANENG MINE OF BOTSWANA

WORLD’S THIRD-LARGEST DIAMOND UNEARTHED IN JWANENG MINE OF BOTSWANA

Context:

Debswana Diamond Company has unearthed the world's third-largest diamond in the Jwaneng mine of Botswana in South Africa.

About the Diamond:

  • Diamond is 73mm long, 52mm wide, and 27mm thick and is yet to be named.
  • According to a joint venture between Anglo American's De Beers and the government, a 1,098-carat diamond believed to be the 3rd-largest gem-quality stone ever to be mined has been discovered in Botswana.
  • The diamond weighing was presented to President Mokgweetsi Masisi after it was unearthed.

Debswana Diamond Company:

  • It is a joint venture between global diamond giant De Beers and the government.
  • 80% of the income earned by selling diamonds by Debswana goes to the government using royalties, dividends, and taxes.

Botswana:

  • Botswana is a landlocked country in Southern Africa.
  • It has a landscape defined by the Kalahari Desert and the Okavango Delta, which becomes a lush animal habitat during seasonal floods.
  • The Central Kalahari Game Reserve, with river valleys and grasslands, is home to numerous animals including giraffes, cheetahs, hyenas and wild dogs.

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