Angola is consolidating its position as one of the world's leading diamond-producing nations, with robust production and strategic investments that strengthen its position in the international market.
In the first half of 2025, Endiama and its subsidiaries produced 6.8 million carats of rough diamonds, notably the Catoca Mining Company, which exceeded its target by more than 40%, and the Luele Mining Company, which recorded a 35% growth compared to the same period of the previous year, although slightly below the annual plan.
Catoca and Luele accounted for 91% of national production in the semester, demonstrating the operational stability of the main units in operation. Between January and September, Angola accumulated 10.7 million carats, reaching 72.3% of the annual target of 14.8 million carats defined in the National Development Plan (PDN). The expectation is to surpass this target by the end of the year.
During the same period, approximately US$216 million was invested in the sector, notably in the Luele project, currently in the "run-up" phase, consolidating the Executive's commitment to a modern, sustainable mining sector that generates economic and social value.
Internationally, the market faces disruptions caused by the increasing production of synthetic diamonds, which have negatively impacted prices and demand for natural diamonds. Reduced consumption in the United States, the maintenance of high stocks of polished stones, and increased tariffs on Indian jewelry have affected major diamond cutting centers, such as India, which is currently operating at only 60% of its capacity.
Despite this scenario, Angola exported 8.18 million carats of rough diamonds between January and September, valued at US$790.43 million, with an average price of US$96.7 per carat. The United Arab Emirates, Belgium, and Hong Kong absorbed more than 90% of national exports. Compared to the first half of 2024, the exported volume grew by 108.9%, although the value registered a 14% reduction.
Projections for the end of 2025 are encouraging. Global rough diamond production is estimated to fall below 100 million carats, interrupting the growth trend of the last decade. This scenario favors countries like Angola, which stands out for its supply of gem-quality diamonds.
During the International Mining Conference (AIMC 2025), held in Luanda, the President of the World Diamond Council, Ms. Feriel Zerouki, stated: “Angola is currently the fastest-growing diamond-mining nation in the world, a result of leadership that goes beyond its own borders and inspires the entire global industry. Angola's example demonstrates that economic growth and social sustainability can coexist. This is the path to a more ethical, transparent, and inclusive global diamond industry.”