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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 | Aug 2016

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

IBISWorld’s Diamond and Gemstone Mining market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$400m
Annual Growth 12-17
-3.7%
Annual Growth 17-22
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Profit
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Employment
692
Businesses
9
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... purchase to read more

Industry Report - Industry Investment Chapter

The industry displays a high level of capital intensity. In 2016-17, for every dollar spent on wages, an estimated $1.11 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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