Diamond Mining Market by Reserves and Production, Assets and Projects, Demand Drivers
April 5, 2023 ⚊ 1 Min read ⚊ Views 60 ⚊ BUSINESS
The rough diamond production was estimated at 117.5 million carats (Mct) in 2022, primarily due to natural depletion of existing deposits and a lack of new capacity additions.
As of January 2022, global diamond reserves stood at 1.8 billion carats (Bct). Russia, Botswana, the DRC and South Africa collectively accounted for more than 92% of the global share. Major discoveries in Russia, Botswana and South Africa has resulted in an increase in global reserves in the recent years. Orapa, Jwaneng, Udachny, Catoca, and Ekati are amongst the largest diamond reserves in the world.
Tags: Diamond Mining
