Africa Stands on Dominating Position in Global Diamond Industry: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit 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. SSA (Sub-Saharan African) countries will continue to dominate global diamond production, supported by operating costs and strong projects in the pipeline. The diamond production growth is majorly driven by African countries even though Russia is the world’s largest diamond producer in the world. The top diamond producers in South Africa are Congo- Brazzaville, Ghana, Guinea, Guyana, Lesotho or Sierra Leone. African miners benefit a lot due to competitively low operating costs and solid project pipelines. Foreign miners look forward to invest in mines that have already yielded sizeable diamond recoveries. The production cost is all set to increase with the increasing transparency and ensuring responsibly sourced diamonds. With the younger generation more attracted to the diamonds and with more consumer spending limit there is a growth in the diamond market along with supported production. As the supply of diamonds slows down in the next few years the price is expected to remain stagnant. However, if global production continues to increase with the demand then the oversupply will lower the diamond prices. The SSA countries are highly depended on diamond revenue; therefore, the diamond producers are more exposed to price fluctuations. Key Topics Covered in the Report: Global Diamond Reserves by Country Global Diamond Mining Reserves by Selected Operating Mines Global Diamond Industry Research Diamond Demand in North America Europe Diamond Market Demand Analysis Global Precious Metals Market Analysis Global Mining Equipment Market Research Diamond Market Projections Analysis South Africa Diamond Sector Analysis Russia Diamond Jewellery Market US Diamond Jewellery Market Research Asia Pacific Diamond Jewellery Market To know more, click on the link below: https://www.kenresearch.com/metal-mining-and-chemicals/mining/global-diamond-mining/70766-101.html Related reports https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-diamond-mining-investigation/82779-101.html https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-diamond-mining/84835-101.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Asia Pacific Diamond jewellery market, Diamond demand in North America, Diamond Market projections analysis, Europe Diamond market demand analysis, Global Diamond Industry research, Global Diamond Mining Reserves by Selected Operating Mines, Global Diamond Reserves by Country, Global mining equipment market research, Global Precious metals market analysis, Russia Diamond jewellery market, South Africa Diamond sector analysis, US diamond jewellery market research