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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 2014

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
$801m
Annual Growth 09-14
-1.6%
Annual Growth 14-19
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Profit
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Employment
1,550
Businesses
61
Industry Analysis & Industry Trends

Australia is a major producer of diamonds. Although most of its output by volume is classed as cheap gem or industrial grade, it also mines high-value fancy pink and yellow diamonds that can command very high prices on global and domestic markets. The Diamond and Gemstone Mining industry is expected to generate revenue of $801.4 million in 2013-14. This is down from $867.8 million in 2008-09, representing an annualised decline of 1.6%. The decline reflects lower output, while diamond prices have increased slightly on average. Despite the overall decline, industry revenue is forecast to increase by 15.9% in 2013-14 on the back of significantly higher output and prices from Rio Tinto's Argyle mine... purchase to read more

Industry Report - Industry Analysis Chapter

The industry's major product is diamonds, and trends in production, sales volumes and prices of diamond largely drive industry performance. Production at Australia's major diamond mine, Argyle, picked up in 2011-12 and 2012-13, and is expected to surge in 2013-14 as output increases at the underground mine that started production in April 2013. In 2013-14, industry revenue is forecast to increase by 15.9% to $801.4 million. However, over the past five years, industry revenue is estimated to have declined at an annualised 1.6% because revenue slumped in 2009-10.

Demand and profit

The demand, output and price trends for diamonds, particularly industrial diamonds, drive industry performance... 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 diamondsIndustrial diamondsCheap gem diamondsSapphires and other gemstonesOpals
 
Industry Activities
Diamond miningOpal miningSapphire miningChrysoprase miningOther gemstone mining


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