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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 | Jan 2015

Precious profit: Margins will grow as the industry's diamond output increases

The Diamond and Gemstone Mining market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$521m
Annual Growth 10-15
-9.4%
Annual Growth 15-20
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Profit
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Employment
1,427
Businesses
63
Industry Analysis & Industry Trends

The Diamond and Gemstone Mining industry is dominated by the mining and export of diamonds, which are technically classed as gemstones. Australia is a major producer on the world stage, exporting a large volume of cheaper, unsorted diamonds and a limited number of rare coloured diamonds. The most famous of these are the yellow and pink diamonds of the Kimberley region, and the sale of these high-end stones contributes disproportionately to industry revenue. In addition to diamonds, the industry includes opal, sapphire and other gemstone mining.

The Diamond and Gemstone Mining industry is expected to generate revenue of $521.4 million in 2014-15. This is down from $852.8 million in 2009-10... purchase to read more

Industry Report - Industry Locations Chapter

This industry's geographic spread reflects the location of gemstone deposits. The great bulk of industry revenue comes from Western Australia, where all of Australia's diamond production originates. Western Australia also accounts for the bulk of Australia's chrysoprase output. South Australia and New South Wales are the major producers of opals, while Queensland produces sapphires and some emeralds.

In 2014-15, IBISWorld estimates that Western Australia will account for 87.6% of industry revenue from close to 70% of industry enterprises. Just two companies, Rio Tinto and Kimberley Diamonds, dominate the industry in terms of revenue. A large number of companies operating in the industry are very small operators with low income each year... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Diamond and Gemstone Mining Industry?

Firms in this industry mine or quarry diamonds and other gemstones.

Industry Products
Gem-quality diamondsUnsorted diamondsSapphires and other gemstones
 
Industry Activities
Diamond miningOpal miningSapphire miningChrysoprase miningOther gemstone mining


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