Debswana Diamond Company has announced the discovery of a 1,098-carat diamond at its mines in Botswana. This is the third largest such diamond ever found in the world. This stone, discovered on June 1, was shown to Botswanan President Mokgweetsi Masisi in the capital, Gaborone.
It is the largest diamond recovered by Debswana in its more than 50-year history of mining, ”said Lynette Armstrong, acting general manager of the Debswana Diamond Company. The value of the stone discovered could be around 55 to 60 million dollars according to estimates.
Established in 1969, Debswana Diamond Company is 50/50 owned by the State of Botswana and De Beers. Debswana operates four mines, namely Orapa, Letlhakane, Damtshaa and Jwaneng. The company employs 5,200 people and is one of the largest contributors to Botswana’s GDP.
