- published: 07 Jun 2016
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The diamond industry appears to be emerging from its lows with marginal improvement according to the latest sales data. Angelo Coppola is in Botswana and visited one of the country's oldest and most prolific mines, Orapa.
In the past Botswana mined and exported rough diamonds, now there is downstream diamond downstream industry. The Botswana diamond hub is testimony to that with a focus on cutting and polishing of these precious stones. Doing Business in Botswana explores the hub.
CNBC's Bob Pisani takes you inside the king of all mines - DeBeers crown jewel, the Jwaneng mine located in Botswana. At 2 miles high and more than a quarter mile deep, the mine produces 12 to 15 million carats per year, about 10% of the world's diamond supply. Monday, 8/27/2012, 9p ET on CNBC.
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Archaeologists in Mexico unearth the remains of a noble citizen in the ancient Aztec City of Zultepec-tecoaque which could shed new light on the pre-hispanic civilisation. Meanwhile a mining company finds what it says is the world's second-biggest gem quality diamond ever recovered. Precious Ong tells us why. Why News AIRING DATE: November 20, 2015 Anchored by: William Thio, Gerry Alcantara, and Angelo Castro III For more videos: http://www.untvweb.com/video/ Check out our official social media accounts: http://www.facebook.com/untvweb http://www.twitter.com/untvlife http://www.youtube.com/untvkasangbahay Instagram account - @UNTVLife Feel free to share but do not re-upload.
Botswana economic prosperity is linked to the international diamond market and the ruling prices of the precious gem, most of which comes from the Jwaneng mine. The country is one of 22 diamond producing countries. It's the second largest by value and the third largest by volume in the world. CCTV's Angelo Coppola spent time at the DeBeers flagship Jwaneng operation, which is by value, the worlds richest diamond mine
Botswana has experienced good levels of economic growth. This is mainly due to a growing mining industry that deals in diamond, copper and nickel. The overall economic growth of Botswana is very visible, especially in the city of Gaborone. The capital city has seen a great transformation in the last few years with numerous infrastructure springing up by several private developers. "The development of infrastructure in Botswana has increased over the years. If you compare with the other co… READ MORE : http://www.africanews.com/2016/05/02/botswana-s-capital-transformed-dramatically-over-5-years Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/african...
Botswana is one of the world's largest producers of diamonds and remains ahead of its regional peers in diamond production and exports. But, the quality of Botswana's overall infrastructure has declined badly over the past five years. Uche Okoronkwo looks at how the government is working to change this.
Jwaneng mine is Botswana's economic pulse. Located about 120 kilometres from the capital Gaborone, the open- pit mine is the richest in the world by value. Nicknamed the "Prince of Mines", monstrous trucks that operate in the mine extract Kimberlite from its depth, which is processed into rough diamonds. Its production output is about 12 million carats per year. Revenues from Botswana's diamond sector have significantly transformed the economy over the years. Botswana's government agreeme… READ MORE : http://www.africanews.com/2016/11/13/botswana-embarks-on-economic-diversification-beyond-diamonds Africanews is a new pan-African media pioneering multilingual and independent news telling expertise in Sub-Saharan Africa. Subscribe on ourYoutube channel : https://www.youtube.com/c/afr...
Two ex-SAR 19D steam locomotives carry copper-nickel ore from two shafts to the BCL smelter. Occasionally, they also haul coal trains brought to an exchange yard by the Botswana National Railway. They can be regarded as the last service steam trains of Africa.
The economy of Botswana has been spurred towards development by the mining industry involving the extraction of diamonds. The situation in Botswana contrasts with the state of many other parts of Africa; Botswana has been one of the richest countries in Africa since diamonds were discovered in 1969. http://multimedia.telesurtv.net