Cloud innovation among mining industry companies has dropped off in the last year
Research and innovation in cloud in the mining industry operations and technologies sector has declined...
Global Diamond Market Trends
While gem-quality diamonds dominate the global fine jewellery market, the demand for industrial diamonds continues to be driven by a wide variety of sectors including computer chip production, construction, drilling for natural resources, machinery manufacturing, and stone cutting and polishing.
Mining Technology tracks the world diamond market by analysing diamond price trends and the world-wide diamond mine production and reserves. It also monitors the performance of diamond mining companies and major diamond mines around the world to identify the top diamond producing companies and countries.
Global rough diamond production is recovering after a 19.4% plunge in output to 111.4 million carats (Mct) in 2020 due to COVID-19. It is expected to reach 124.8Mct in 2025, according to GlobalData’s estimates.
In partnership with
GlobalData forecasts data for 15 commodities of 60 leading mining countries, with 70 reports per year covering supply & demand, key projects, activities of major mining companies and fiscal regimes.
Top Diamond Mining Companies
Mining Technology has identified the top diamond miners in the world by comparing the annual rough diamond production of major diamond mining companies.
ALROSA emerged as the biggest among the world’s top diamond mining companies by production in 2021, followed by Anglo American and Rio Tinto.
The five biggest diamond mining companies together contributed 64% of the global rough diamond output in 2021.
| Current Rank | Rank 2020 | Company Name | Headquarters |
|---|---|---|---|
| 1 | 1 | ALROSA | Russia |
| 2 | 2 | Anglo American plc | United Kingdom |
| 3 | 3 | Rio Tinto | United Kingdom |
| 4 | 4 | Petra Diamonds Ltd | United Kingdom |
| 5 | 5 | NMDC Ltd | India |
Source: GlobalData
Expert Comments and Analysis
Largest Diamond Producing Countries
Mining Technology has identified the top diamond producing countries by comparing the latest diamond mine output data across different geographic locations, from a comprehensive database that includes a long list of countries by diamond production.
Russian Federation, Botswana and Canada were the biggest producers of rough diamonds in 2021.
The top ten diamond producing countries together accounted for 95% of the global rough diamond.
Biggest Diamond Mines in the World
GlobalData maintains a database of major diamond mining projects to identify the world’s biggest diamond mines.
With an output of 13.37Mct, Kao Mine in Lesotho ranked as the world’s biggest diamond mine by production in 2021.
The ten biggest diamond mining operations together accounted for 65% of the global diamond output in 2021.
| Mine Name | Country | State | Owner | Mine Type & Method | Production 2021 (Thousand carats) |
|---|---|---|---|---|---|
| Kao Mine | Lesotho | Butha-Buthe | Namakwa Diamonds Limited(62.5%), Government Of Lesotho(25%), Kimberlite Investments Lesotho Ltd.(12.5%) | Surface & Open Pit | 13376.6 |
| Jwaneng Mine | Botswana | Kgalagadi District | Government of Botswana(57.5%), Anglo American Plc(42.5%) | Surface & Open Pit | 12893 |
| Orapa Mine | Botswana | Central District | Government of Botswana(57.5%), Anglo American Plc(42.5%) | Surface & Open Pit | 8902.44 |
| Catoca Mine | Angola | Lunda Sul | ALROSA(32.8%), Endiama EP(32.8%), LL International Holding BV(18%), Novonor(16.4%) | Surface & Open Pit | 6930 |
| Gahcho Kue Project | Canada | Northwest Territories | Mountain Province Diamonds Inc(49%), Anglo American Plc(43.35%), Government of Botswana(7.65%) | Surface & Open Pit | 6229 |
| Diavik Mine | Canada | Northwest Territories | Rio Tinto(100%) | Underground & To be confirmed | 5843 |
| Venetia Mine | South Africa | Limpopo | Anglo American Plc(62.9%), Black Economic Empowerment (BEE) Partner(26%), Government of Botswana(11.0999%) | Surface and Underground & To be confirmed | 5306 |
| Jubilee Mine | Russia | Sakha (Yakutia) Republic | ALROSA(100%) | Surface & Open Pit | 5204 |
| Botuobinskaya Mine | Russia | Sakha (Yakutia) Republic | ALROSA(100%) | Surface & Open Pit | 4656 |
| Udachny Mine | Russia | Sakha (Yakutia) Republic | ALROSA(100%) | Underground & Stoping | 4401 |
Source: GlobalData
GlobalData Reports
View More
Major Upcoming Diamond Mines
Mining Technology lists the major upcoming diamond mines in the world by comparing annual production capacities of upcoming diamond mining projects.
Venetia Underground Project in South Africa is the biggest upcoming diamond mine in the world, with an annual production capacity of 5Mct.
Luele Project in Angola and Chidliak Project in Canada are the next major upcoming diamond mines with capacities of 4.88Mct and 1.28Mct, respectively.
| Mine Name | Country | State | Owner | Mine Type & Method | Annual Production Capacity (Thousand carats) |
|---|---|---|---|---|---|
| Venetia Underground Project | South Africa | Limpopo | Anglo American Plc(62.9%), Black Economic Empowerment (BEE) Partner(26%), Government of Botswana(11.099%) | Underground & To be confirmed | 5000 |
| Luele Project | Angola | Huambo | ALROSA(100%) | To be confirmed & To be confirmed | 4887.54 |
| Chidliak Project | Canada | Nunavut | Anglo American Plc(85%), Government of Botswana(15%) | Surface and Underground & Open Pit/Block Caving | 1280 |
| Karowe Expansion Project | Botswana | Central District | Lucara Diamond Corp.(100%) | Underground & Long Hole Stoping | 481 |
| Meya Project | Sierra Leone | Eastern Province | Trustco Group Holdings Ltd(65%), Germinate Sierra Leone Ltd(35%) | Underground & Long Hole Stoping | 300 |
| Krone Endora Project | South Africa | Limpopo | Diamcor Mining Inc(70%), Nozala Investments (Pty) Ltd(30%) | Surface & Open Pit | 120 |
| Catalao Diamond Project | Brazil | Goias | Undisclosed(100%) | Surface & Open Pit | 90 |
| Tongo Project | Sierra Leone | Eastern Province | Newfield Resources Ltd(100%) | Surface and Underground & Open Pit/Stoping | 85 |
| Canastra 1 Project | Brazil | Minas Gerais | Qualimarcas Comercio E. Exportacao de Cereais Ltda.(50%), Socios Quotistas de Mineracao do Sul Ltda.(50%) | Surface & To be confirmed | 30 |
| Lemphane Project | Lesotho | Mokhotlong | Paragon Diamonds Limited(80%), Government Of Lesotho(20%) | Surface and Underground & Open Pit | 10 |
Source: GlobalData Top Global Projects
US copper output to grow by 3% in 2022, backed by output from Freeport-McMoRan
The US is the world’s fifth-largest copper producer, with the world’s sixth largest copper reserves...
US coal output to remain flat for the next five years due to scheduled closures
After declining for three years in a row, the US coal mine production recovered by...
Global copper output to grow by 2.9% in 2022, backed by output from Chile and Peru
After a marginal 0.4% decline, global copper production is estimated to have increased by 2.8%...
Australian lithium production to grow by 24.5% in 2022 as capacity expands
Australia’s lithium production is set to increase by 24.5% to 68.45 thousand tonnes (kt) in...