Diamond and Gemstone Mining in Australia - Market Research Report

Diamond and Gemstone Mining industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.7%

The Diamond and Gemstone Mining industry primarily produces and exports diamonds from Rio Tinto's Argyle mine in Western Australia. Industry players export cheaper unsorted diamonds and a limited number of rare coloured diamonds. 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 contribute disproportionately to industry revenue. In addition to diamonds, the industry includes companies that mine opals, sapphires and other gemstones. Industry revenue is expected to decline at an annualised 15.1% over the five years through 2019-20 to $387.7 million due to the gradual decommissioning of the Argyle mine in 2019-20. The industry has approached a trans...
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Diamond and Gemstone Mining industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Diamond and Gemstone Mining industry is anticipated to decline significantly over the next five years, primarily due to the planned closure of the Argyle diamond mine. New diamond resources have not yet been discovered in Australia, and developing any new resource is likely to take at least XX years. Exports are projected to decline in line with revenue, while imports are forecast to increase as the domestic supply of diamonds and gemstones falls. Revenue and production Industry revenue is forecast to decrease at an annualised XX.X% over the five years through XXX-XX, to $XX.X million. Rio Tinto is anticipated to account for approximately XX.X% of industry revenue in XXX-XX. The company is planning to close the Argyle mine in the second half of...
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Diamond and Gemstone Mining industry statistics

  • attach_money Market Size: $720m
  • business Number of Businesses: 8
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 484

Biggest companies in the Diamond and Gemstone Mining industry

The companies holding the largest market share in the Diamond and Gemstone Mining in Australia industry include Rio Tinto Plc - Rio Tinto Limited.

  • pie_chart Rio Tinto Plc - Rio Tinto Limited Market Share: x.x%
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What is Diamond and Gemstone Mining industry?

Industry Definition

Industry companies mine and quarry non-metallic minerals such as diamonds, opals, sapphires and other gemstones.

Industry Products and Services

  • Diamonds
  • Opals
  • Sapphires
  • Other gemstones
  • All Others

Industry Activities

  • Diamond mining
  • Jade mining
  • Opal mining
  • Sapphire mining
  • Chrysoprase mining
  • Kyanite mining
  • Other gemstone mining

Market research report - table of contents

Industry Definition

Industry companies mine and quarry non-metallic minerals such as diamonds, opals, sapphires and other gemstones.

Main Activities

  • Diamond mining
  • Jade mining
  • Opal mining
  • Sapphire mining
  • Chrysoprase mining
  • Kyanite mining
  • Other gemstone mining

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Operators in the Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing industry cut, dress, polish and shape diamonds and gemstones mined by th...
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Demand from glass wool, stone and non-metallic mineral product manufacturing
Demand from jewellery manufacturing
Demand from watch and jewellery retailing
GDP of mainland China

Current Performance

Barrier to expansion
Other players
Downstream uses
 Chart: Revenue Growth

Industry Outlook

Global demand
 Table: Diamond and Gemstone Mining in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Diamond and Gemstone Mining in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Glass Wool, Stone and Non-Metallic Mineral Product Manufacturing in Australia
Jewellery Manufacturing in Australia





Key Selling Industries

Contract Mining Services in Australia
Mining and Construction Machinery Manufacturing in Australia
Petroleum Product Wholesaling in Australia
Industrial and Agricultural Chemical Product Wholesaling in Australia



Products & Services

Operators in the Diamond and Gemstone Mining industry mine diamonds, opals, sapphires and other gemstones. As Australia has some of the largest known diam...
Overseas processors
Domestic manufacturers and processors




Demand Determinants

Several key factors influence demand for diamonds and other gemstones. The extreme hardness of diamonds makes them very useful in a range of industrial ap...
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Major Markets

Overseas processors
Domestic manufacturers and processors





 Chart: Major Market Segmentation for the Diamond and Gemstone Mining in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Diamond and Gemstone Mining industry exhibits high market share concentration. The industry's four largest players are expected to account for over 90...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Diamond and Gemstone Mining in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Diamond and Gemstone Mining in Australia - Market Research Report Industry

Industry Globalization

Rio Tinto Plc – Rio Tinto Limited, commonly referred to as the Rio Tinto Group, is involved in mineral exploration, production and processing. The company...
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Rio Tinto

 Table: Rio Tinto - financial performance

Capital Intensity

The Diamond and Gemstone Mining industry displays a high level of capital intensity. For every dollar invested in capital in 2019-20, an expected $2.33 wi...
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 Chart: Level of Capital Intensity for the Diamond and Gemstone Mining in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Diamond and Gemstone Mining in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

CABOCHON

CARAT

CHRYSOPRASE

FANCY DIAMONDS

KIMBERLITE

LAMPROITE

PIPE

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Diamond and Gemstone Mining in Australia:

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  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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The Diamond and Gemstone Mining in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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