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Debswana

Debswana is a diamond mining company operating in Botswana and one of the world's leading producers of rough diamonds by value. The company is a 50:50 joint venture between the Government of Botswana and De Beers, established in 1969. Debswana operates four major diamond mines in Botswana: Jwaneng, Orapa, Letlhakane and Damtshaa. The Jwaneng mine is considered the richest diamond mine in the world by value, while Orapa is one of the largest by area. The company's operations account for a significant portion of Botswana's GDP and government revenue, making it central to the country's economy. Debswana employs several thousand people and has been instrumental in transforming Botswana into one of the world's largest diamond producers. The company sells its rough diamond production through De Beers' global sales and distribution network. Debswana has invested in mine expansion projects and underground operations to extend the life of its mines. The partnership model between the Botswana government and De Beers has been widely regarded as a successful example of resource management in Africa. Debswana is headquartered in Gaborone, Botswana, and operates under a mining licence that has been renewed multiple times since the company's founding.

Debswana News


Debswana partners with Local Government to Boost Food Security in Khwee Village
Debswana partners with Local Government to Boost Food Security in Khwee Village
7th August 2026

Khwee, Botswana - Debswana Diamond Company, in partnership with the Boteti District Council, has officially handed over the Khwee Community Ranch, a project aimed at strengthening food security,... 


Rough diamonds recovered by De Beers
Anglo said to be in talks to sell De Beers for about $1bn
29th July 2026 By: Bloomberg

Anglo American is discussing a deal worth about $1-billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth. Anglo has been looking to... 


PAUL ZIMNISKY 
Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion
Angola rivals Botswana as top diamond supplier
26th June 2026 By: Keabetswe Shilakwe

Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion, marking a significant shift in the global diamond landscape that has... 


Image of the Jwaneng mine
Jwaneng underground project, Botswana – update
8th May 2026 By: Sheila Barradas

Debswana is pressing ahead with its plan to prolong the life span of its flagship Jwaneng mine to 2054. 


Diamonds produced in Botswana
S&P downgrades Botswana as diamond sector faces global headwinds
16th March 2026 By: Reuters

S&P Global Ratings on Friday cut Botswana's long-term foreign and local currency sovereign credit ratings to "BBB-" from "BBB," citing structural weakness in the global diamond market that will... 


An image of Matome Tsholetsa Malema
De Beers pays tribute to board member Matome Malema
11th March 2026 By: Tasneem Bulbulia

Global miner De Beers Group reports that Matome Tsholetsa Malema, CEO of the Minerals Development Company Botswana (MDCB) and De Beers board member, has passed away. Malema was appointed to the De... 


Rough diamonds being sorted
Botswana's State-owned diamond company turns to contract sales to manage tough market
11th February 2026 By: Reuters

Botswana's State-owned Okavango Diamond Company plans to increase the share of diamonds it sells to contracted buyers as a way to navigate a depressed global diamond market, acting MD Lipalese... 


Rough diamonds
Botswana's diamond stockpile swells as gem price slump persists
20th January 2026 By: Reuters

Botswana's diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country unable to increase gem production in the short term to lift its economy,... 


Rough diamonds
Botswana's ODC sets first contract diamond sales for November
16th October 2025 By: Reuters

Botswana's State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government's new deal with De Beers, MD... 


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pqt: 0.057s - ct: 0.106s - 189pq - 2rq
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