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

IBISWorld’s Diamond and Gemstone Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

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...

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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. Nev..

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Industry Products

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 diamonds
Unsorted diamonds
Other gemstones
Industry Activities
Diamond mining
Jade mining
Opal mining
Sapphire mining
Chrysoprase mining
Kyanite mining
Other gemstone mining

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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