De Beers Group and Endiama have discovered a new kimberlite field in Angola, the first for De Beers in over 30 years. Learn about the find, exploration plans, and their impact on the diamond industry.
De Beers Group and Angola’s national diamond company, Endiama, have found kimberlite in Angola.
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Kimberlite is the host rock where diamonds are formed.
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This marks De Beers’ first new kimberlite field discovery in over 30 years.
Key Facts
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In July 2025, drilling began on a high-priority cluster of targets in Angola.
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The targets came from airborne surveys completed in March 2025.
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The first drill hole hit kimberlite, confirming the presence of the diamond-bearing rock.
What Happens Next
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More drilling will be carried out.
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Ground geophysical surveys will follow.
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Laboratory tests will confirm the type of kimberlite and its diamond content.
Partnership and Agreements
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De Beers and the Government of Angola signed two Mineral Investment Contracts in April 2022.
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A Memorandum of Understanding was signed in February 2024 at Mining Indaba.
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These agreements support long-term exploration and responsible diamond development.
CEO’s Perspective
Al Cook, CEO of De Beers Group, said:
Angola is one of the best places to search for diamonds. This discovery strengthens our commitment. It shows what can be achieved through strong partnerships. We value the efforts of President Lourenco and his government in improving transparency and creating a business-friendly environment. We look forward to helping unlock Angola’s diamond potential both underground and in local communities.
Why This Matters to You
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Angola is emerging as a significant player in global diamond exploration.
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New discoveries like this can lead to increased supply and investment opportunities.
- Partnerships between governments and mining companies shape the future of the diamond industry.
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