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Diamond and Gemstone Mining in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Diamond and Gemstone Mining Market Research Report | ANZSIC B0991 | Aug 2016

Diamond in the rough: Increased production is set to improve the industry's performance

IBISWorld’s Diamond and Gemstone Mining market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$400m
Annual Growth 12-17
-3.7%
Annual Growth 17-22
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Profit
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Employment
692
Businesses
9
Industry Analysis & Industry Trends

Diamond mining and exports dominate the Diamond and Gemstone Mining industry. Australia is a major global producer of diamonds. Industry players export cheaper unsorted diamonds and a limited number of rare coloured diamonds. The yellow and pink diamonds from the Kimberley region in Western Australia are Australia's most notable coloured diamonds, and sales of these high-end stones contributing disproportionately to industry revenue. In addition to diamonds, the industry includes companies that mine opals, sapphires and other gemstones.

Industry revenue is expected to fall at a compound annual rate of 3.7% over the five years through 2016-17, to total $400.4 million... purchase to read more

Industry Report - Industry Key Buyers Chapter

The industry exhibits a high market share concentration. In 2016-17, the industry's four largest players are expected to account for over 90% of total revenue. Rio Tinto Group, the industry's largest player, is expected to account for over 85% of revenue in 2016-17. Rio Tinto dominates Australia's diamond production, with the firm consistently mining in excess of 7 million carats of diamonds over the past five years.

Aside from the industry's dominant major player, eight small-scale operators mine gemstones such as opal, sapphire, chrysoprase and kyanite. Due to the industry's rare commodities and the isolated nature of diamond and gemstone deposits, no single firm operates multiple establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Diamond and Gemstone Mining Industry?

Companies in the industry mine and quarry non-metallic minerals such as diamonds, opals, sapphires and other gemstones.

Industry Products
Gem-quality diamondsUnsorted diamondsOpalsSapphiresOther gemstones
 
Industry Activities
Diamond miningJade miningOpal miningSapphire miningChrysoprase miningKyanite miningOther gemstone mining


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