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Production of Diamond in South Africa, 2020 - 2028 (Thousand Carats)

Industry: Production and Consumption
Current: Market Sizing & Shares

Production of Diamond in South Africa reached 11,690.68Thousand Carats in 2023
Production grew by a CAGR of 11% between 2020 to 2023,and is expected to grow by...
GlobalData projects the production to grow at a CAGR of...

Production of Diamond in South Africa, 2020 - 2028 (Thousand Carats)

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Diamond mining in South Africa

According to the USGS, South Africa had the world’s fifth-largest diamond reserves as of January 2018, holding a significant position of global reserves. Substantial diamond reserves are located in the Kimberley region in Northern Cape, the Free State and North West provinces.

Diamond deposits are available mostly in the form of lamproites and kimberlite ore type. The country’s main diamond producing mines – the Kimberley mine in Kimberley region, and the Northern Cape and Venetia mines located in Limpopo – were among the world’s largest kimberlite-type deposits. Kimberlite is a type of potassic volcanic rock, known as a diamond bearing rock. It mainly occurs in vertical structures in the earth's crust and is known as kimberlite pipe.

The South Africa mining industry – governing bodies

Department of Mineral Resources (DMR)
Council for Geoscience (CGS)
Council for Mineral Technology (Mintek)
Mining Qualifications Authority (MQA)
South African Diamond and Precious Metals Regulator (SADPMR)
Diamond Exchange and Export Centre (DEEC)
State Diamond Trader

Mine health and safety council (MHSC)

The MHSC is a national public entity. Its main task is to advise the Ministry of Mineral Resources on issues related to the occupational health and safety of South African miners. The council monitors the activities of its committee and helps to promote health and safety in the mining industry. The council supervises the activities of its committees, promotes health and safety culture in the mining industry, arranges a summit every two years to review the state of occupational health and safety at mines, and liaises with the MQA and any other statutory bodies about mining health and safety.

South Africa’s mining fiscal regime: Laws, Licenses, and Permits