De Beers Group and Angola\u2019s national diamond company, Endiama, have announced the discovery of a new kimberlite field in Angola \u2013 the first such find by De Beers in more than three decades.<\/p>\n
The breakthrough came in July 2025, when the joint venture hit kimberlite in its first drill hole targeting a cluster of high-priority sites. These targets were identified during airborne surveys conducted in March 2025.<\/p>\n
Over the coming months, the partners plan further drilling, ground geophysical surveys, and laboratory analysis to determine the type of kimberlite and assess its diamond potential.<\/p>\n
This discovery follows two Mineral Investment Contracts signed between De Beers and the Angolan government in April 2022, as well as a Memorandum of Understanding inked in February 2024 at the Mining Indaba. These agreements cement a long-term partnership aimed at unlocking Angola\u2019s diamond wealth responsibly.<\/p>\n
Al Cook, CEO of De Beers Group, said: \u201cAngola is, in our view, one of the best places on the planet to look for diamonds, and this discovery reinforces our confidence. It is a powerful reminder of what can be achieved through partnership, and I commend President Lourenco and his government for all the work they have done to enhance transparency, adopt international best practices, and create a business friendly environment, all of which has enabled us to return to Angola and seek new sources of supply. We are excited about the role De Beers can play in helping the country deliver on its huge potential, both below and above the ground.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
De Beers Group and Angola\u2019s national diamond company, Endiama, have announced the discovery of a new kimberlite field in Angola \u2013 the first such find by De Beers in more than three decades. The breakthrough came in July 2025, when the joint venture hit kimberlite in its first drill hole targeting a cluster of high-priority…<\/p>\n","protected":false},"author":1,"featured_media":32866,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-32865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"\n