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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 | Jul 2015

Shine on: Increased production is forecast to underpin industry 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
$380m
Annual Growth 11-16
-4.0%
Annual Growth 16-21
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Profit
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Employment
649
Businesses
9
Industry Analysis & Industry Trends

The Diamond and Gemstone Mining industry is dominated by the mining and export of diamonds. Australia is a major producer of diamonds on the world stage. 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 the sale of these high-end stones contributes disproportionately to industry revenue. In addition to diamonds, the industry includes companies that mine opals, sapphires and other gemstones.

Industry revenue is estimated to fall at a compound annual rate of 4.0% over the five years through 2015-16, to reach $380.1 million... purchase to read more

Industry Report - Industry Investment Chapter

The industry displays a high level of capital intensity. In 2015-16, for every dollar spent as wages, an estimated $1.13 is invested in capital. The industry's major activity, diamond mining, is particularly capital-intensive. Production processes rely on a range of capital equipment, including excavating machinery, cutting and digging equipment, conveyor systems, crushing machinery, power generators, trucks, other vehicles and temporary buildings.

Other gemstone mining, such as opal and sapphire mining, is typically more labour-intensive, but substantial capital is still required to establish operations. Most of these mines are small, where individuals and small-scale firms use relatively basic capital equipment... 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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