Debswana is a major contributor to the Botswana economy, contributing 30% to GDP, 70% to foreign exchange earnings and 32% to Government revenue.
Debswana is also a major contributor to De Beers Group revenues, contributing over 70%.
Debswana is one of the world’s leading diamond mining companies in the world. The combined production of its four mines in 2014 was 24.2 million carats, 7% higher than in 2013. This is 75% of the total De Beers Group output, reaffirming Debswana’s position as the world’s leader in diamond production by value and second largest by volume.
Debswana has enabled Botswana to transform herself from an underdeveloped agriculture based economy to one of the most economically successful country in the world.
Roughly US$4 out of every US$5 generated by Debswana contributes to government revenues, through taxation, royalties and dividends.
Debswana is the second largest employer after government with over 5000 employees and 97% of these employees are Batswana and over 6000 contractors.
Orapa mine is the world's biggest open cast mine. Its pipe is the world's second largest diamond-producing kimberlite pipe.
Debswana will invest an estimated $3 billion in the Cut-8 project that will extend the life of the mine to at least 2025 and deliver approximately 110 million carats. Jwaneng Mine employs over 2,500 people. An additional 1,400 jobs have been created by Cut-8, 86% of which have gone to Botswana citizens
The Cut-8 Legacy Project, which encourages contractor companies to fund social investment projects, has already seen several local schools benefit from new classrooms, computers and other equipment. Debswana is funding a $500k project to extend the pharmacy and out-patient department of the Jwaneng Mine Hospital.
Exciting plans to construct a new tailings treatment plant at Letlhakane Mine to process the extensive tailings mineral resource that has been deposited over some 30 years of operation.
Jwaneng Mine is the flagship of Debswana, contributing 60-70% of Debswana's total revenue.
In 2000, Jwaneng Aquarium was commissioned, which was the first of its kind and attracted immense global interest from the diamond industry, thereby promoting Debswana's leadership in applying cutting edge technology. The technology was developed by De Beers, our 50% shareholder. The Aquarium consists of CARP (Completely Automated Recovery Plant at Orapa Mine) and FISH (Fully Integrated Sort House) in Jwaneng.
In 2001, Debswana became the first company in the world to offer Anti –Retroviral Therapy employees and their spouses living with HIV/AIDS.
The building shown on the back of Botswana's P20 note (BWP20) is the first diamond processing plant that was built in Orapa in the late 1960s.
Debswana's Mines operate 24 hours and 365 days a year. The system is known as CONTOPS- Continuous Operations.
The largest stone discovered by Debswana was found in 1993 and was about 446 carats.
Debswana contributes directly to the development of Botswana by providing financial assistance to community projects throughout Botswana through the Debswana Corporate Social Responsibility programme, currently spending BWP15 million per annum on funding projects ranging from Health, Education, Environment, Sports Development, and Arts and Culture.
Debswana has built hospitals, schools and other facilities in the mining areas that are used by the local population in general, not just Debswana employees.
Debswana operates two state-of-the-art hospitals in Orapa and Jwaneng. The two hospitals serve as district referral hospitals for all the surrounding villages, serving an average of 150 000 people a year. The total spend for both hospitals is BWP104 million per year.
Jwaneng mine is the richest diamond mine in the world, hence the name the "Prince of Mines'
Before diamonds Botswana had just 4.8km of roads in 1966. Thanks at least in part to the revenue generated by diamonds, today there are over 6400km.
Once there were just three secondary schools, now there are more than 300 – with nine years free education for all. Literacy rates are at 81.2 %.
No one in Botswana is more than 29kms from the nearest health facility. All Debswana employees and their spouses who are HIV positive receive 100% subsidy from Debswana for Anti-Retroviral (ART).
In 2017 Jwaneng Mine started processing the first ore from Cut 8. It has now become the main source of ore for Jwaneng and will run to 2030
In March 2018 Debswana opened the first diamond museum in Botswana. The museum is located in the mining town of Orapa.