The Board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government of the Republic of Botswana, today announced it had approved investment for the next key development phase of the Jwaneng underground project, paving the way for the world’s most valuable diamond mine to transition from open pit to underground operations. The ~$1 billion investment in this phase of works, known as the Exploration Access Development Phase, will contribute to the development of essential infrastructure to support forthcoming stages of the project. Our CEO and Debswana Deputy Board Chairman, Al Cook, said: "Jwaneng stands proudly as the world’s greatest diamond mine. It is a central pillar of both the Botswana economy and the De Beers Group business. The global supply of natural diamonds is falling, so moving forward with the Jwaneng Underground Project creates new value for investors, brings new technology to the country, creates new skills for our workforce and provides new gems for customers around the world. This investment is aligned with our strategy to prioritise investments in the highest quality projects. We are proud to work in partnership with the Botswana Government in creating a bright future for Debswana.” Pending relevant future Debswana Board approvals, the Jwaneng underground project will ensure a long-term future for the mine while creating new jobs in Botswana and ensuring Debswana continues to make a significant contribution to Botswana's economy. Read more here: https://lnkd.in/e2Mww9F8 #DeBeers #diamonds #Jwaneng #Debswana
Well done to all on achieving this approval! We at Cable Management are looking forward to working with De Beers on the underground electrical cable reticulation.
Bravo, promoting the natural diamond business is a step toward providing investment opportunities to the discerning diamond buyers and toward the ever widening gap of lab diamond replicas to that of the naturals. However the true value will excel toward high-quality Type lla stones recovered from very few places on earth.
Well done to all! Everything is impossible until you do it
Remarkable, always seem impossible until it is done. Congratulations to the government of Botswana and De Beers Group group for this remarkable milestone!!! More is yet to come from this partnership. 🤝
Already a phenomenal facility, the move underground will be a great development and a testimony to the professionalism of the site, its management and the whole town of Jwaneng. I hope to return soon
Many individuals have, like uncut diamonds, shining qualities beneath a rough exterior.Billiant Works. And inspired all diamond industry Men Sir.Al Cook De Beers Group
Brilliant opportunity to continue empowering local businesses within the value chain of key infrastructure development projects
Well done support for the protection of the natural diamond industry!
Awesome,I will be joining you
Metallurgical and Materials Engineer | Metallurgical/Physical Laboratory Technician | SPECIALIZATION (Mining Treatment/Metal Corrosion/Quality Control (QA/QC)/ SGI (ISO 9001/2015+ISO 14001/2015+ISO 45001/2018)
8moAl Cook Dear Sir, Al Cook I am Jacob Cassuada Gomes, a Metallurgical and Materials Engineer, specializing in Mechanical Preparation and Ore Beneficiation. I currently work as a Technician and Lab Manager in the Physical Sample Preparation for Gold Miners. Recently, Rio Tinto signed a contract for base metal exploration in the Huambo Province, Angola. Therefore, I am seeking growth and new challenges in this industry. I express my interest in joining your esteemed team and contributing my accumulated experiences. Assured that this request will receive your attention, I remain with best regards. Sincerely, Jacob Gomes, Metallurgical and Materials Engineer. Specialized in Mechanical Preparation and Ore Beneficiation. Experienced in Gold Miner Treatment.