De Beers Group, together with Angola’s national diamond company Endiama have discovered the host rock for diamonds kimberlite in Angola.
In July 2025, the De Beers-Endiama joint venture intersected kimberlite in its first drillhole into a high-priority cluster of targets, identified from the airborne surveys completed in March.
“This breakthrough represents the discovery of the first new kimberlite field by De Beers Group in more than three decades,” the 137-year-old company says.
Over the coming months, further drilling, ground geophysical surveys, and laboratory analysis will be conducted to confirm the kimberlite type and assess its diamond potential.
De Beers CEO Al Cook says Angola is one of the best places on the planet to look for diamonds, and this discovery is not only the toast of the town but also reinforces that 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,” says Cook.
Cook says this latest milestone builds on the foundation of two mineral investment contracts signed between De Beers and the Government of Angola in April 2022.
It also follows a memorandum of understanding signed at Mining Indaba in February 2024.
De Beers Group founded in 1888 in South Africa, is touted as one of the world’s largest diamond companies, active across the diamond discovery and recovery pipeline with offices, operations and retail activity in 36 countries.
It reportedly recovers a third of the world’s rough diamonds from the deserts of southern Africa and the depths of the South Atlantic Ocean, to the Canadian Arctic, working alongside joint venture partners in Botswana, Canada, Namibia, and South Africa.
In February this year, Anglo American (LSE:AAL) said it plans to spin off De Beers by the end of 2025, part of broader strategy to focus on high-growth commodities.
Write to Adam Orlando at Mining.com.au
Images: De Beers
