How many diamonds are in the world

However, because of the frequent use of diamonds and their harvesting all over the world through means of mining and explosion of the earth, diamonds are disappearing quickly as a finite luxury resource. Diamonds take billions of years to form and rise to the surface of the earth from within the mantle of the planet. There is roughly an estimate of 1.

This number may only include the diamond reserves not yet sold to the public or are not in circulation. This means that there could be billions of more diamonds that are in homes, stores, and vaults all over the world!

This number is also dated back to , not accounting for any diamonds that have been excavated in , or will be excavated in the future. However, we must remember that even though 1. Even our previous statistic of 1. If this is the case, it is impossible to say if there are unreported mines, industries, laboratories, and distributors that may have many more diamonds than we currently know of.

Furthermore, there is always the potential for new diamond mines to be discovered, though the last discovery of a new diamond mine was in Canada during the s. We have recently upgraded our technology platform. Due to this change if you are seeing this message for the first time please make sure you reset your password using the Forgot your password Link. By sbesta 24 Mar Home to arguably the richest and largest diamond resources in the world, Russia tops the list with more than 12 open-pit mines.

This double diamond, estimated to be million years old, was claimed to be the first of its kind. Diamond exploration started in Botswana in the s, with mining officially launching in In alone, Jwaneng alone produces an average of 10 million carats per annum. Epic floods leave South Sudanese to face disease and starvation. Travel 5 pandemic tech innovations that will change travel forever These digital innovations will make your next trip safer and more efficient. But will they invade your privacy?

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Science Why it's so hard to treat pain in infants. Rough diamonds, average value per carat of world production, — p Text version This line graph shows the average value per carat of the world's rough diamond production from to , according to statistics compiled by the Kimberley Process Certification Scheme.

Notes and sources p preliminary Totals may be different due to rounding. Production Diamond mines and advanced projects in Canada, Natural Resources Canada Canadian production of rough diamonds, — p Kimberley Process Certification Scheme International context World production of rough diamonds, by country, carat basis, p Kimberley Process Certification Scheme World production of rough diamonds, by country, value basis, p Kimberley Process Certification Scheme World production of rough diamonds, — p Kimberley Process Certification Scheme Trade Natural Resources Canada; Statistics Canada Mineral trade includes ores, concentrates, and semi- and final-fabricated mineral products Prices Rough diamonds, average value per carat of world production, — Kimberley Process Certification Scheme.

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