Browsing: De Beers

De Beers Unveils
  • Diamonds recovered for the second quarter of 2022 by Namibia stood at 565 000 carats, a 67.2% increase from the 338 000 carats recovered during the same quarter in 2021
  • De Beers introduced its new diamond recovery vessel named the “Benguela Gem” in Namibia. It’s the latest addition to Debmarine Namibia’s fleet, which recovers diamonds from deep within the ocean
  • Meanwhile, the largest pink diamond was found in Angola and is thought to be the largest discovered in the last 300 years

The debut of Namibia’s Benguela Gem vessel last quarter has pushed up diamond recovery volumes by 67.2% when compared to production figures from the prior year.

Namibia was the only country out of four diamond-mining operations with increased production levels, according to production updates by De Beers.

The quarter saw De Beers recording a production level of 7.9 million carats.

Diamonds recovered for the second quarter of 2022 …

  • Angola has discovered demanded rare earth minerals for vehicles and wind-farms making
  • Angola targets to become the largest diamond producer in the world by 2023
  • Gold production is another section Angola eyes to explore

Angola is shaping the face of mining in Africa. It stands out as one of the continent's most vibrant economies working towards diversifying its economy. As one of the leading energy producers on the continent, Angola has a unique potential for minerals mining as well.  Angola is widely known for its vibrant diamond mining operations that pump life into its economy. Angola Exploration Mining Resources, FERRANGOL, Petril Phosphates, Minbos Resources, ITM Mining, Lumanhe, ENDIAMA and Axactor are top miners propelling Angola mining sector to prosperity.

The current government of Angola is striving to observe robust policies and build a strong mining industry to overcome negative effects that may lead to an over-dependence on natural resources.