The Richest Real Estate In The World
"Jwaneng mine is the most valuable diamond mine in the world by value," says Esther Kanaimba-Senai, the head of corporate affairs for Debswana in Botswana. "Each carat that we mine fetches a lot more money. In addition the volume that we produce lends itself to be the most valuable mine in the world." The Jwaneng mine produces about 10-million carats a year, and now they're about to embark in a super project to go even deeper into the earth to increase output. The mine currently runs 1,150 feet below the earth's surface and is already in the process of Cut 8, a $3.4-billion dollar operation to push back one edge of the pit to expand mining. The new massive earth-moving operation - called Cut 9 - if approved, could drive the mine 28 hundred feet below the earth's surface and require moving 1 billion tons of rock.<br>For the original version including any supplementary images or video, visit http://gma.yahoo.com/blogs/abc-blogs/richest-real-estate-world-131033598--abc-news-topstories.html
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License