Its total diamond output in 2019 amounted to 38.5 million carats. The main reason for ALROSA ranking in top spot amongst the biggest diamond mining companies of the world today is due to a single diamond field called Verkhne-Munskoye, which it is the exclusive owner of. Discovered by ALROSA in 2007, Verkhne-Munskoye is estimated to contain rough diamonds that are worth about $4bn.įrom January to November 2020, ALROSA’s total rough and polished diamond sales accounted for $2.28m – quite a way short of the $3.34m collected in 2019. The company has nine major diamond fields and 10 alluvial mines. Outside of Russia, the miner only has one operation – a 32% stake in Angola’s Catoca mine. ALROSA – 38.5 million caratsĪLROSA, which operates mostly in the Yakutia region of Siberia, accounts for 94% of Russia’s total diamond production and 25% of the world’s diamonds in circulation.
Top five largest diamond mining companies in the world 1. Here, NS Energy profiles the top five largest diamond mining companies in the world. Leader of the diamond mining industry in the world, ALROSA accounts for almost all of the diamond production occurring in Russia.Īlthough all the largest mining companies have operations in the main diamond producing countries, DRC and Zimbabwe are the two exceptions, where diamond deposits are mined by prospectors and small companies. Just these five contribute to more than 60% of the world’s diamond production. The vast majority of mining for the precious metal – up to 99% – is conducted in nine countries, with the world’s top five diamond mining nations being Russia, Botswana, the Democratic Republic of Congo (DRC), Australia and Canada. The vast majority of mining for the precious metal - up to 99% - is conducted in nine countriesĪLROSA and Rio Tinto Diamonds are two of the top five diamond mining companies across the world.
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