Global Diamond Reserves By Country , Asia Pacific Diamond Jewellery Market - Ken Research

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Africa Stands on Dominating Position in Global
Diamond Industry Ken Research
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Worlds 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.
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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 Botswanas
Orapa region and in South Africa has the worlds
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.
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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.
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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.
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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
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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-an
d-chemicals/mining/global-diamond-mining/70766-101
.html Related reports https//www.kenresearch.com
/metal-mining-and-chemicals/chemicals/global-diamo
nd-mining-investigation/82779-101.html https//www
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als/global-diamond-mining/84835-101.html
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