De Beers and Endiama, Angola’s national diamond company, found a new kimberlite field in Angola in July, which they said is a significant step forward in their joint exploration efforts.

This represents the discovery of the first new kimberlite deposit by De Beers in more than three decades.

The De Beers-Endiama joint venture successfully intersected kimberlite in its first drill hole into a high-priority cluster of targets, identified from the airborne surveys completed in March 2025. 

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.

This latest milestone builds on the foundation of two Mineral Investment Contracts signed between De Beers and the Government of Angola in April 2022, and a Memorandum of Understanding signed at Mining Indaba in February 2024. 

According to De Beers, the agreements underpin the commitment to a long-term partnership focused on responsibly unlocking Angola’s vast diamond potential.

Al Cook, CEO of De Beers, commented, “Angola is, in our view, one of the best places on the planet to look for diamonds, and this discovery reinforces our confidence.”