Diamond Mines Are Closing and South Africans Have Few Alternatives — Live Feedhttps://www.live-feeds.com/feed/diamond-mines-are-closing-and-south-africans-have-few-alternativesContinuously updated, source-cited coverage. South African Diamond Mines Close as Alternatives Run Dryhttps://www.live-feeds.com/feed/diamond-mines-are-closing-and-south-africans-have-few-alternativeshttps://www.live-feeds.com/feed/diamond-mines-are-closing-and-south-africans-have-few-alternatives#u59039Sun, 06 Sep 2026 13:41:08 +0000South African diamond mines are closing and leaving citizens with few alternative means of survival. A notable 153-year-old town that once produced 2.1 million carats of diamonds has collapsed into ruin following mining closures. Meanwhile, the country's small-scale junior diamond sector faces multiple headwinds as firm numbers shrink to just 20 companies. This contraction severely squeezes the overall supply of rough diamonds from the region, leaving local economies struggling to recover without traditional mineral industries to sustain them.Why it mattersSouth Africa possesses a long hi