Market Research Reports - Ken Research Global Diamond Industry Research

Africa Stands on Dominating Position in Global Diamond Industry: Ken Research
World’s diamond supply is expected to remain stagnant over the next few decades with the
increases in demand. Diamond mines are extremely rare and the supply for diamonds is in high
demand. Canada produces and markets high quality diamonds in the world. It was observed
that the diamond production decreased with the growing years. Alrosa, De Beers SA, Rio Tinto
Plc, Dominion Diamond Corporation and Petra Diamonds Ltd. are the global largest popular
diamond miners. Few other major diamond producing mines are The Argyle, Orapa, Jwaneng,
Diavik, Catoca and Nyurbinskaya other than the world's largest diamond mining companies.
These miners produced above 150 million carats of rough diamonds in a year. The rough
diamonds are sent through the so-called diamond pipeline. The produce a diamond, the rough
diamond undergoes various processes. The chain runs from dealers to diamond cutters,
polishers, to jewellery manufacturers, to retail stores, and finally to consumers.
According to the research report “Global Diamond Mining to 2020”, it is expected that the
demand for diamonds is expected to grow worldwide, with the decline in the diamonds supply
over the coming years. Gahcho Kué, is the largest new diamond mine in Canada that will
produce up to 6 million carats annually by the year 2020. Russia, Botswana, the Democratic
Republic of the Congo (DRC), Australia, Canada, Zimbabwe, Angola and South Africa are the top
eight rough diamond production centres. These countries account for the 97% of the global
diamonds production. The world's largest diamond mining companies account for 70% of the
global diamond production.
Rough diamonds are usually found in kimberlite, lamproite and alluvial deposits. The
Botswana’s Orapa region and in South Africa has the world’s largest kimberlite reserves and the
Atlantic coasts of South Africa and Namibia possess alluvial deposits. The lamproite deposits are
found in the Australian Argyle mine in Kimberley region. The expansion of global diamond
mining operations mainly focuses on the accessibility of diamond deposits and the depth of
occurrence of the rough diamond deposits which are increasing challenges in the diamond
mining market.
Global Diamond Mining to 2020, report includes global reserves of diamonds, global rough
diamond processing, and diamond trade in the next few decades. The diamond mining project
are becoming more capital intensive, necessitating substantial investments, especially in the
field of technology. The actively operating diamond mines in the world are in Asia-Pacific
(APAC), Oceania, Middle East and Africa (MEA), Americas and Former Soviet Union (FSU). There
are various factors affecting the global diamond industry are demand for diamonds, reserves,
historic and forecast production, major exporting and importing countries, active, exploration
and development projects and the competitive landscape.