De Beers keeps its dream of the “next Jwaneng” alive

Powerhouse: Jwaneng Mine is one of a few Tier 1 diamond mines in the world PIC: DEBSWANA.COM
Powerhouse: Jwaneng Mine is one of a few Tier 1 diamond mines in the world PIC: DEBSWANA.COM

Despite being reliant on the enigmatic rarity of its product, the world’s leading discoverer of diamonds continues to hunt for the “next Jwaneng”. Having found the precious stones in deserts, seas and under ice, De Beers has added Angola to its search for the next big find. Staff Writer, MBONGENI MGUNI reports

If a Jwaneng Mine-sized diamond deposit is hidden undiscovered anywhere in the world, De Beers is confident it will be the company to find it. And with good reason.

Since its establishment 134 years ago, the global giant that almost single-handedly built the story and related dynamics that sell the precious stones, has found about 40% of the 8,000 kimberlites or diamond-bearing soils ever discovered on earth.

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