350K carats / yearBoteti Region, Botswana
Karowe Mine
Our flagship operation and one of the world’s foremost producers of large, high-value Type IIA diamonds, including historic recoveries above 1,000 carats.
Responsible Mining · Exceptional Value
Unearthing the World's Most Remarkable Diamonds
Meridian Diamond Corporation is a leading diamond producer focused on sustainable, large-scale recovery of exceptional stones — creating enduring value for our shareholders, partners, and communities.
About the Company
A Legacy Built on Integrity, Precision, and Rare Discovery
Founded on a vision of responsible resource development, Meridian Diamond Corporation has grown into one of the world's most trusted diamond producers. Our portfolio spans exploration, recovery, and the sale of large, high-value rough diamonds — including some of the most significant stones recovered in the last century.
We combine advanced recovery technology with disciplined capital management, delivering consistent returns while upholding the highest standards of safety, ethics, and environmental stewardship.
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Years of Operation
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World-Class Mines
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Employees & Partners
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Carats Recovered
Sustainability & Governance
Mining With Purpose, Governed With Principle
Our licence to operate is earned every day. We hold ourselves to the highest environmental, social, and governance standards in the industry — because lasting value is only created responsibly.
Environmental Stewardship
Water recycling, progressive land rehabilitation, and a clear pathway toward carbon-neutral operations across all mine sites.
Community Partnership
Local employment, education programmes, and shared-benefit agreements that put host communities at the heart of every project.
Ethical Mining
Fully traceable, conflict-free diamonds certified under the Kimberley Process, with independent audits at every stage.
Corporate Governance
An independent board, transparent disclosure, and rigorous risk management aligned with international best practice.
Mining Operations
World-Class Assets Across Two Continents
350K carats / year
In developmentCentral District, Botswana
Letlhakane Project
A next-generation open-pit development leveraging XRT recovery technology to unlock previously inaccessible kimberlite resources.
180K carats / yearNorthwest Territories, Canada
Meridian North
A high-grade underground operation in one of the world’s premier diamond districts, producing exceptional white and fancy-colored stones.
Investor Relations
Disciplined Growth. Consistent Returns.
Meridian Diamond trades on leading international exchanges and is committed to transparent reporting, prudent capital allocation, and direct returns to shareholders through a progressive dividend policy.
$542M
Revenue (FY2025)
38%
EBITDA Margin
4.2%
Dividend Yield
$128M
Net Cash Position
Latest News
From the Mine to the Market
June 2, 2026
Meridian Recovers Exceptional 472-Carat White Diamond at Karowe
The Type IIA stone ranks among the largest gem-quality diamonds recovered this decade, underscoring the unique geology of the Karowe resource.
Read More →
May 14, 2026
Q1 2026 Results: Revenue Up 18% on Strong Large-Stone Sales
Robust demand for high-value rough drove record quarterly revenue, with the board declaring an increased interim dividend.
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April 28, 2026
Letlhakane Project Receives Final Environmental Approval
The milestone clears the path for construction, with first production targeted for late 2027 and over 600 local jobs created.
Read More →Our Contractors
Trusted Partners Delivering Excellence
We work with a carefully selected network of contractors across our operations. Every engagement is governed by certified agreements and transparent commercial terms.