SEARCH   
MEMBER LOGIN    

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

IBISWorld’s Diamond and Gemstone Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$521m
Annual Growth 10-15
-9.4%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
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 Products Chapter

The Diamond and Gemstone Mining industry's major product is diamonds, which account for the majority of industry revenue.

Gem-quality diamonds

The industry mines gem-quality diamonds, including fancy diamonds. Coloured diamonds are high value. They are sorted by producers in Australia before export, as the sale channel used depends on the characteristics of the diamonds. Gemstone cutting and polishing is excluded from the industry usually occurs overseas in a specialised diamond hub.

For gem-quality diamonds, miners tend to have long-term supply arrangements with the jewellers that sell such rare stones. Major player Kimberley Diamonds, for example, has a supply agreement with Tiffany & Co for the output of its Ellendale mine... 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


View Sample
Quote
Select Clients