Diamond declarations plunge 61.7% in first half – Bank of Guyana

(Kaieteur News) – The Government of Guyana (GoG) has made targeted interventions to address falling gold declarations but diamond declarations have been rapidly decreasing over the past six months, recording a steep decline by 61.7%.

Central Bank in its Half-Year report states, “Declarations of diamond decreased by 61.7 percent to 8,710 metric carats at end-June 2026.” It explained that the decline in diamonds was associated with lower declarations and the continued concentration of small-scale mining activity in gold.

A closer analysis of the numbers by this publication shows a steady decline in diamond declarations at the mid-year mark since 2022. In 2022, some 49,016 metric carats of diamonds were declared for the six months of the year. In 2023, this fell to 38,608 metric carats. In 2024, the BoG recorded 29,387 metric carats of diamond declarations while in 2025 it was 22,750 metric carats at mid-year.