Editor’s Note
This report details a significant geological discovery by De Beers and Endiama in Angola—the first new kimberlite pipe found by De Beers in over three decades. While the announcement marks a major milestone for the partnership and the region’s mining sector, the commercial viability and full scale of the deposit are yet to be determined through further assessment.
London, UK – August 26, 2025 – De Beers Group and Angola’s state-owned diamond company Endiama announced on August 12th a significant breakthrough in their joint exploration efforts in Angola, successfully discovering a kimberlite pipe rich in natural diamonds. This milestone event marks De Beers Group’s first discovery of a completely new kimberlite deposit in over thirty years.
In July 2025, the joint venture project successfully intercepted a kimberlite layer during its first phase of drilling. This drilling target was part of a high-priority target cluster identified by an airborne geophysical survey completed in March 2025. In the coming months, De Beers Group and Endiama will conduct further drilling, ground geophysical surveys, and laboratory analysis to determine the kimberlite type and assess its diamond-bearing potential.
This successful exploration is based on two “Mineral Investment Contracts” signed between De Beers Group and the Angolan government in April 2022, as well as a “Cooperation Memorandum” signed at the Mining Indaba in South Africa in February 2024. These agreements underscore the long-term commitment of both parties to the responsible development of Angola’s rich natural diamond resources.
De Beers Group CEO Al Cook stated:
De Beers Group, established in 1888, is a world-leading diamond company with unparalleled expertise in diamond exploration, mining, sales, and marketing. De Beers Group and its partners employ over 20,000 people across the diamond supply chain. In terms of its mining operations in Botswana, Canada, Namibia, and South Africa, De Beers Group is the world’s largest diamond producer by value. Innovation is at the core of De Beers Group’s strategy, driving the development of its brand portfolio, including De Beers Jewellers and Forevermark, as well as pioneering solutions such as diamond mining and traceability initiatives GemFair and Tracr. Through the De Beers Institute of Diamonds, it provides education and laboratory services, and via the De Beers Group Ignite team, it offers a range of diamond sorting, detection, and classification technology systems, delivering superior services and advanced technology to the diamond industry. De Beers Group is committed to “Building Forever,” a comprehensive framework guiding its journey towards a fairer, safer, cleaner, and healthier future that promotes community prosperity and environmental protection. De Beers Group is a member of the Anglo American PLC group.