De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern Angola, a promising indicator of potential diamond deposits. This marks De Beers’ first kimberlite field discovery in over 30 years and signals a major milestone for Angola’s diamond sector, where only […]

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Angola exported 8.75m carats last year, well down on its original forecast of 13.8m. But total revenue was $1.95bn, the Ministry for Mineral Resources, Oil and Gas said, an increase of almost a quarter on $1.5bn in 2021. In January 2022 Angola revised down its forecast output for the year by almost a third to […]

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