Construction projectPostponed

Venetia Diamond Mine

LimpopoPrivate
PPA 4394Published 20 March 2007Updated 15 July 2026

Project overview

About this development

South Africa's largest diamond mine, the De Beers-owned Venetia, situated in the Limpopo Province (approximately 80 km west of Musina and 36 km east of Alldays) is expected to take the mine underground at a capital cost of R6.5 billion. Underground operations will access resources at an increased depth of about 1 000m below the surface. The features of the first phase of the expansion included new earthmoving vehicles (EMVs), a new primary crusher and a new fines residue deposit facility, as well as associated infrastructure, which includes a new filling station and a 1 310-m2 extension to the existing EMV workshop. The ramp-up infrastructure for Cut 4 will take the Venetia mine to 2014. Phase one is Complete. Phase two of the expansion will tackle the requirements for the ramp up to Cut 5, which will take the mine to 2021. The Venetia Underground Project (VUP), aimed at extending the life cycle of the mine by some 25 years, consists of sinking a service, production and decline shaft; developing the required underground infrastructure in order to mine the K01 and K02 ore bodies; and surface infrastructure including offices, lamp room, control room, change houses, refrigeration plant, bulk air cooler, ventilation fans and winder houses. GPS coordinates lat: -22.4338889; long: 29.3138889

Project at a glance

Venetia Diamond Mine is located in Limpopo. The project is classified in the Private sector. Its current recorded stage is Postponed. The recorded project value is R 200 Million+.

Key information

Project facts

Location
Limpopo
Sector
Private
Project stage
Postponed
Project value
R 200 Million+
Estimated start
1 April 2013
Estimated completion
31 December 2027

Common questions

About this project

Where is Venetia Diamond Mine located?

Venetia Diamond Mine is recorded as being located in Limpopo.

What stage is Venetia Diamond Mine at?

The current recorded project stage is Postponed. Project information may change as new research becomes available.

What additional project information is available to L2B subscribers?

Subscriber information may include professional team, awards and appointments, bidder information and project monitoring tools.

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Venetia Diamond Mine | Construction Project | L2B | Leads 2 Business