Output from Angola’s diamond mines came to a record 12 million carats in 2024, surpassing 10 million carats for the first time.
The rise in production is the result of legal and tax reforms the government took to improve the sector’s transparency and to attract investors, Angolan Minister of Mineral Resources, Oil and Gas Diamantino Azvedo said on the ministry’s Facebook page. The country’s output comes from a number of mines, among them Catoca, Lulo and Leule.
The ministry has also advanced other projects within the sector, including plans for an Angolan diamond exchange and the introduction of a gold refinery in Luanda. It is also working on building a manufacturing center in Namibe Province, it explained.
“We are starting to see some trees blossom and harvest some fruit from the seeds sown from 2017,” Azevedo added.
Image: Rough diamonds (Angola Ministry of Mines/Facebook)
