The DRC produced 4,581,679.13 carats of diamonds in the first half of 2022, a decrease in quantity of 22.32% compared to 2021

Diamond production in the 1st half of 2022 is almost the same in the Democratic Republic of Congo, unlike previous years predominated by artisanal production, at the rate of 51.86% for artisanal mining and 48.05% for industrial mining . This is indicated by the statistical data, published by the Technical Unit for Coordination and Mining Planning (CTCPM), an advisory, study and coordination body for mining activities in the DRC. CTCPM data reveal that the Democratic Republic of Congo (DRC) produced 4,581,679.13 carats of diamonds including: – 2,376,116.52 carats of artisanal mining,… Read More Here
DRC: most of the Congolese diamond comes from artisanal production, i.e. 71% in 2021 1 Diamond Mining in DRC 

DRC: most of the Congolese diamond comes from artisanal production, i.e. 71% in 2021

In the middle of the 21st century, most of the diamonds produced in the Democratic Republic of Congo come from artisanal mining, attest to the statistics of the Ministry of Mines. In 2021, the Congolese artisanal sector produced 9,205,503.82 carats of diamonds compared to 3,762,129.29 for industrial exploitation and 5,702.55 for semi-industrial exploitation. Despite the relaunch of MIBA, whose production is still minimal, the largest amount of diamond production comes from artisanal mining with approximately 71% of the overall volume, followed by industrial mining for 29% and semi- industrial for… Read More Here
DRC: Diamond export generated USD 140 million in sales revenue in 2021 2 Mining in DRC Diamond 

DRC: Diamond export generated USD 140 million in sales revenue in 2021

The Democratic Republic of Congo exported in 2021 a global volume of 12 million 685,779.42 carats of diamonds for a value of 140.259 million US dollars, according to statistics from the Ministry of Mines. Of this export volume in 2021, there were 10,028,407.54 carats of diamonds from the artisanal sector for a value of 88 million US dollars against 2,150,126.41 carats coming from the industrial sector for a value of 42.112 million US dollars. Read More Here
Gem diamonds Diamond Mining in DRC 

Diamond production drops from 18.9 million carats in 2017 to 12.1 million carats in 2021 (report)

Diamond production in the Democratic Republic of Congo (DRC) has experienced a real decline over the period from 2017 to 2021, informs a report from the Ministry of Mines. According to data presented by the Ministry of Mines, diamond production in the DRC has fallen over the past 5 years from 18.9 million carats produced in 2017 to a volume of 12.9 million carats in 2021. , according to statistics from the Ministry of Mines. In this report, the Congolese Ministry of Mines also points out that most of the… Read More Here
DRC: 2.8 million carats of diamond produced in the 1st quarter of 2022 3 Mining in DRC Diamond 

DRC: 2.8 million carats of diamond produced in the 1st quarter of 2022

The Democratic Republic of Congo produced 2 million 890,000 carats of diamonds in the first quarter of 2022 compared to 2 million 984,000 carats of diamonds in the same period in 2021, according to data from the Central Bank of Congo (BCC) in its summary of statistical information. from June 2022. Of this volume produced, there are 1 million 235,000 carats of industrial diamonds and 1 million 655,000 carats of artisanal diamonds. In 2021, annual diamond production in the Democratic Republic of the Congo was estimated at 13 million 222,000… Read More Here
Largest pink diamond discovered in Lulo mine 4 Diamond 

Largest pink diamond discovered in Lulo mine

Australia’s Lucapa Diamond (ASX: LOM) has recovered a rare 170-carat pink diamond at its prolific Lulo mine, believed to be the largest of its kind found in Angola in the last 300 years. The massive pink stone named the “Lulo Rose” will be sold later this year through an international tender conducted by Angolan state-owned diamond trading firm Sodiam. Lucapa has a 40% stake in the Lulo mine, which hosts the world’s highest dollar-per-carat alluvial diamonds. The rest is held by Angola’s national diamond company (Endiama) and Rosas & Petalas, a private entity. The… Read More Here
De Beers sold $630m of diamonds in its sixth sales cycle 5 Diamond International 

De Beers sold $630m of diamonds in its sixth sales cycle

Diamond miner De Beers sold $630-million of rough diamonds in its sixth sales cycle for this year. CE Bruce Cleaver says the company continued to see steady demand for its rough diamonds, following “a period of consistently robust demand in the first half” of this year. Sales were higher than the $514-million worth of diamonds sold in the fifth sales cycle this year, but lower than the $657-million worth of diamonds sold in the sixth sales cycle of 2021. Read More Here
Botswana President sees progress on diamond pact with De Beers 6 Diamond 

Botswana President sees progress on diamond pact with De Beers

Botswana and De Beers are working out the “finer” details of a new diamond-sales pact and the southern African nation’s government is confident a deal will be struck, President Mokgweetsi Masisi said. An initial ten-year agreement governing terms for the sale of diamonds produced by Debswana Diamond Co — a joint venture between the two — and auctioned through the De Beers system lapsed in December 2020 and was extended to June 2022 due to the disruption from the pandemic. The two agreed last month to extend negotiations on new terms to June 2023.… Read More Here
De Beers boosts 2022 guidance despite drop in output 7 International Diamond 

De Beers boosts 2022 guidance despite drop in output

De Beers, the world’s top diamond producer by value, has boosted its full-year guidance to 32 million-34 million carats, from 30 million- 33 million carats thanks to what it calls “robust demand” from US customers. The Anglo American unit saw a slight decrease in production in the three months to June 30, churning out 7.9 million carats, down from the 8.2 million it produced during the same quarter last year. The miner has benefitted from sanctions imposed on its Russian rival Alrosa (MCX: ALRS), despite a slight production decrease in the second… Read More Here
Botswana Diamonds kicks off drilling at Thorny River’s high-grade area 8 Diamond 

Botswana Diamonds kicks off drilling at Thorny River’s high-grade area

Botswana Diamonds (LON: BOD) has begun drilling at the recently discovered high-grade geophysical area of the Thorny River project in South Africa. The company said in January that following a preliminary assessment of Thorny River’s kimberlite potential, it was estimated the asset hosted about 2 million tonnes of kimberlitic material, up from the 1.2 million previously determined. The exploration program comprises at least ten reverse circulation (RC) drill holes and will take two weeks, the company said. Chairman John Teeling noted the drilling campaign was an important step in the company’s drive to establish a… Read More Here

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