Top Five Diamond Production Countries in the World

VIVA – Diamond is a rare naturally occurring mineral consisting of pure carbon elements because of the extremely rigid arrangement of carbon atoms in the crystal structure. Diamond has the maximum hardness and thermal productivity of any natural material.

Diamond is one of the most precious, beautiful, and rare creations. Also, diamond is the most popular gemstones. Diamonds are also in great demand as gemstones and as a luxury commodity.

Initially, diamond reserves were found only in Africa and given to the rest of the world, but today, diamond exploration and production have also started on other continents.

Currently, Russia produces 30% of the world's diamonds, and about 39.12 million carats of diamonds are produced in Russia by 2021, making it the world's largest diamond-mining country. Here are some diamond-producing countries in the world.

This time, Russia leads the world in diamond production. Russia is also the largest exporter of rough diamonds in the world. ALROSA is Russia's largest diamond miner, maintaining a virtual monopoly over the sector and producing more than 90% of the country's annual output.

Russia has some of the largest diamond mines and reserves in the world, including Udachny, Grib, and Aikhal. It was revealed in 2014 that Alrosa intends to expand the Udachny mine to a 5 million carat per year project, making it the most significant diamond mine in Russia and worldwide.

Botswana is the second largest diamond-producing country in the world. A significant diamond mine was discovered in 1996. De Beers, the company that discovered the mine, was and still is the world's largest supplier of "coarse stone".

The two most significant of the seven mines in the country are Orapa and Jwaneng. Botswana is one of the 25 poorest countries in the world and has attained upper-middle income status because of income from diamonds.

The first diamond mine in the Northwest Territories, known as Ekati, opened in 1998 because of this discovery. The Canadian Arctic Diamond Company currently oversees the operations of Ekati, which is a responsible environmental steward and an important source of high-quality jobs and money for the area.

Most of Canada's diamonds are mined in the Northwest Territories, which covers about 40% of the total geographic area. There are currently four diamond mines working in Canada, namely at the Ekati, Diavik, and Gahcho Kué mines.

The Democratic Republic of the Congo is the country that turned South Africa's diamond industry into a lucrative one. Miniere de Bakwange (MIBA), a joint venture between Belgian business Sibeka and the DRC government which controls 80% of the company is the only commercial diamond producer in DRC.

Although the ongoing political unrest has caused production to drop recently, the DRC can produce more diamonds. Only a small area is inspected, and mining is only carried out on a small scale. Most of DRC's output is mined by the informal sector rather than mining companies.

Nearly all of the modern diamond trade originates in South Africa. The earliest diamond found in South Africa was an alluvial diamond in 1869.

Later, the blue stone was given the name of the mining town: kimberlite. One of the largest diamond deposits in the country is located in Gauteng province, South Africa. As governments and miners continue to find significant diamond resources and pipelines, demand for diamonds in South Africa is expected to increase.

Therefore, the global diamond industry can continue to develop and show a bright future as long as economic prosperity continues to increase and as long as there are unmined diamond reserves.