Overview of Diamond Resources in Africa

Abstract

From the discovery of diamonds in South Africa in 1866 until the end of 2013, Africa is estimated to have produced almost 3.2 Bct out of a total global production of 5.03 Bct, or 63.6% of all diamonds that have ever been mined. In 2013 African countries ranked 2nd (Botswana), 3rd (DRC), 6th (Zimbabwe), 7th (Angola), 8th (South Africa), and 9th (Namibia), in terms of carat production and 1st (Botswana), 4th (Namibia), 5th (Angola), 6th (South Africa), 7th (Zimbabwe), and 9th (DRC), in terms of value of the diamonds produced. In 2013 Africa produced 70.6 Mct out of a global total of 130.5 Mct or 54.1%, which was valued at US$ 8.7 billion representing 61.5% of the global value of US$ 14.1 billion.