Girls Best Friend: 10 Countries That Produce The Worlds Diamonds

Girls Best Friend: 10 Countries That Produce The Worlds Diamonds
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Russia

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Russia is regarded globally as the major exporter of diamonds by volume and her deposits are also considered rich and expansive by area coverage. In 2014, it is estimated that the country extracted a projected 38 to 39 million carats. Russia’s major miner is AROSA and as a result it controls a near monopoly sector since it accounts for an estimated 90% of the country’s total yearly extraction.

Most of the country’s diamond extraction is carried out in Yakutia, Siberia. The other mines in the country include; Lomonosov and Grib. Grib is run by Lukoil, another miner. Some traits of Russia’s diamonds include their fluorescence and crystal shape

Botswana

bnn.ca

bnn.ca

When the value of diamond extracted is considered, Botswana’s is regarded as the best. In terms of volume, the country is second to Russia. The country extracted nearly 23.2 million carats in 2013 and this was valued at $3.63 billion. Although Botswana has approximately seven mines; the most prominent include Orapa and Jwaneng.

The two mines are renowned worldwide for their quality production and are run by De Beers. Some characteristics of the country’s diamond include; gem quality, greenish in color and attractively shaped (Bain & Company, 2014).

Canada 11,600

maisonbirks.com

maisonbirks.com

Little was known about Canada’s diamond deposits until 1991 when Chuck Fipke and Stewart Blossom discovered diamond containing Kimberlite pipes in the country’s northwest. Although Ekati was the country’s first mine, the others include; Diavik, Snap Lake and Victor. Some of the major miners in the country include De Beers, Rio and Dominion.

In 2013 approximately 10.6 million carats was produced valued at $1.9 billion. This made Canada the fifth major producer of diamond globally. Renard and Gahcho Kue are some of the extraction sites that are still under development. The country’s diamonds are cube shaped crystals and covered with a black skin.

Angola 8,400

globalwitness.org

globalwitness.org

The country’s total diamond deposits are projected to be 180 million carats and in 2013 the total extraction stood at 9.4 million carats. This was valued at $1.28 billion.

Angola’s mines are located in Lunda Norte and Lunda Sul and the biggest extraction site is Catoca; which produces approximately 7 million carats yearly. The country also has numerous alluvial mines and the most prominent is Somiluana. Angola’s diamond is usually rounded dodecahedral, yellowish and larger in size

South Africa 6,500

southafrica.net

southafrica.net

The country’s diamonds are majorly round dodecahedral and rough. Since the stones are white, South Africa’s production is regarded as one of the most beautiful globally. The cullinan diamond, which is regarded as the largest gem quality and non-carbonado diamond, is also found here.

South Africa also produces the blue and pink diamonds that were last discovered by Petra Diamonds. Globally, the country boosts of a wide range of diamond deposits; which include dyke, alluvial, open pit and offshore. Currently, most of the extractions sites are run by De Beers. In 2013, approximately 8.1 million carats that was valued at $1.19 billion was produced

Zimbabwe 1,000

mining.com

mining.com

Although numerous prospective studies have been undertaken to ascertain the volume of diamond depots in the country, the kimberlites that have been discovered so far are not economically productive. In 2013, the country produced 10.4 million carats whose value was $538.5 million. In Zimbabwe, Murowa is considered as the major extraction site in the country. Some of the essential traits of the diamond mined include; alluvial coated deposits, are green, are rough and appear in fancy stone colors

Lesotho 410

luxuo

luxuo

The country is not ranked amongst the world’s major producers but the unique trait about its productions is that it has been regularly producing very large diamond stones.

The kingdom is Letseng has been identified as one of the major extraction sites in the country. The major traits of Lesotho’s diamond include; the big size, high quality and rich color. According to the global price per carat tabulation, the kingdom is Letseng leads the global marketplace. In 2013, the country produced a total of 414,014 carats, which was priced at $242.2 million

Sierra Leone 300

cnn.com

cnn.com

This country’s diamonds are usually square and majorly appear in green colors. Although the product is usually green in color, it has emerged that the square shape could be responsible for the other colors that are usually manifested in the extractive production.

Sierra Leone’s green coated diamonds are usually very marketable across the globe. The number of carats that the country produced in 2013 were 608, 955. The traits of Sierra Leon’s diamond have been likened to those mined in Venezuela because both countries are on similar latitude

Namibia 192

shipspotting.com

shipspotting.com

A greater portion of the country’s mining is marine and as such it the country effectively practices onshore mining. Along River Orange, alluvial deposits have also been discovered and they are being mined. As compared to the other countries that practice diamond mining, some of the techniques that the country uses in its extractive processes include; vacuum extractors and probe drilling.

In 1994, the Namibian government and De Beers collaborated and formed a mining company called Namdeb Diamond Corporation. It is co-owned by both parties. The country produced approximately 1.92 million carats in 2014; and it was valued at $1.16 billion.

Tanzania 180

mining-journal.com

mining-journal.com

The country’s major mine, the Williamson mine, has Petra Diamonds as its major stakeholder, owning approximately 75%.

Research has shown the mine has an extraction lifespan of approximately five decades although the current operational plan accounts for approximately 18 years. This mine is located in Mwadai, in Shinyanga. This is the main diamond extraction site that the country and thus diamond production is not the major mining activity because there are other minerals that are being mined too. The diamond mined is considered a type 2 and produces world renown pink diamonds.

Guinea 160

reuters.com

reuters.com

In 2011, the country extracted approximately 300,000 carats which was valued at $30 million. Although the country has diamond deposits, the extraction process is still ongoing and thus the viability of the deposits is still being ascertained.

While Guinea has numerous kimberlites, research is still ongoing to determine whether there are other kimberlites can be extracted so as to make the business productive. The major issue has been that while some of her neighbors have been extracting diamond, they have been using Guinea for their transit in illegal products

Reference:
Bain & Company (2015). The global diamond industry 2015: Growth perspectives amid short-term challenges. Bain & Company Inc. accessed 17/3/16 at http://www.bain.com/Images/FINAL%20bain_diamond_report_2015_01122015.pdf
Bain & Company (2014). The global diamond report 2014, diamonds: Timeless gems in a changing world. Bain & Company, Inc. and Antwerp World Diamond Centre private foundation (AWDC). Accessed 17/3/16 at http://www.bain.com/Images/BAIN_REPORT_The_Global_Diamond_Report_2014.pdf

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