Expansion of Jwaneng Mine - Cut 9

Debswana has started Cut 8, a 3bn project to deepen Jwaneng, an open-cast operation going down 330m. This project will allow Jwaneng to mine 102- million more carats. Cut 8 will nearly double the depth of the mine and extend its life by seven years to 2024. Two further cuts (cuts 9 and 10) are being considered to further enlarge the size of the Jwaneng pit and deepen it to 850m, which is estimated to be the financial limit of the open-cast operation. Estimated cost: US$ 1,2 billion. GPS coordinates lat: -24.5366425; long: 24.7030626.