About Diamond Mining
Diamond mining involves many steps to extract these precious gems from the earth. This process uses several methods to obtain diamonds. These stones form under extreme pressure and heat about 90 to 120 miles below the Earth's surface. You can find diamonds in countries like India, Brazil, South Africa, Botswana, Namibia, Angola, Congo, Canada, Russia and Australia. Miners use four main ways to get diamonds: open pit mining hard rock or tunneling alluvial mining, and marine diamond mining. Open-pit mining digs big holes, which works well in areas with sandy or unstable ground. Hard rock mining creates tunnels to reach diamond deposits. Alluvial mining gets diamonds from river deposits. Marine mining uses high-tech drilling gear to pull diamonds from the ocean floor. After miners dig up the ore, they crush it and separate the diamonds. New tech, like X-ray fluorescence, helps find diamonds in the dense parts of the ore. People often sort the final batch by hand. The whole process of diamond mining takes a long time, from the ground to the finished product. This industry plays a key role in driving the million-dollar diamond business.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ALROSA (Russia), Dominion Diamond (Canada), Gem Diamonds (United Kingdom), Lucara Diamond (Canada), Petra Diamonds (United Kingdom), Rio Tinto (Australia), Stornoway Diamond (Canada), Mountain Province Diamonds (Canada), Archon Minerals (Canada), Rockwell Diamonds (Canada), Lonrho Mining (United Kingdom), Diamond Corp (United Kingdom), Peregrine Diamonds (Canada), True North Gems (Canada), Tsodilo Resources (Canada), Shore Gold (Canada), Paragon Diamonds (United Kingdom), North Arrow Minerals (Canada), African Consolidated Resources (Zimbabwe), Debswana Diamond (Botswana), Koidu Holdings (Sierra Leone) and Mwana Africa (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Diamond Mining market by , Application (Jewelry and Industrial) and Region.
On the basis of geography, the market of Diamond Mining has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Underground Mining will boost the Diamond Mining market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shape, the sub-segment i.e. Asscher will boost the Diamond Mining market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.