Angola’s Minerals Minister Diamantino Azevedo is optimistic about his country’s diamond future: According to a quote he made by Vera Angola, cited by Rough & Polished, Angola – currently the world’s fourth largest rough diamond producer – has the “potential to become the world’s second-largest rough diamond producer by 2030.”

Petra Diamonds will be investing $289 million to extend the life of the Cullinan mine and the Finsch mine (both in South Africa), IDEX Online reports.   Credit: Petra   Petra Diamonds said it will spend $173 million on Cullinan, and $216 million on Finsch to extend the life of

Zimbabwe’s Mines and Mining Development Minister Winston Chitando promised The Herald that renewal of mining licenses “would be subject to miners’ sustainable mining practices that are environmentally friendly. According to Rough & Polished, Zimbabwe seeks to “stop environmental degradation.”     Credit: ZCDC Chitando  is quoted as saying: “It is

A new report by S&P Global Market Intelligence, quoted by IDEX Online, shows that spending on diamond exploration in Australia has totaled just $1.5 million in 2021 – “almost the lowest level since 1997.”   Credit: Rio Tinto   In 1998, spending reached a peak of $43.1 million. Since then,

A report by Anglo American quoted by Rough & Polished states that De Beers’ total rough diamond output rose 29% year-on-year to total to about 32.3 million carats in 2021. In Q4, rough production rose 15% year-on-year to 7.7 million carats.   Credit: De Beers   In addition, rough diamond

Rio Tinto announced it has updated its full-year diamond output at Diavik, its diamond mine in Northwest Territories, Canada. According to IDEX Online, Rio Tinto expects a 3% increase to 3.84 million carats.   Credit: Rio Tinto   In Q4, production was up 27% – from 910,000 carats to 1.155