Russia has strengthened its leading position as the world's largest diamond producer, in 2015, again beating Botswana on this indicator, the report of the Kimberley Process (KP).
Diamond production in Russia grew by 9.4% in 2015 to 41.9 million carats worth $ 4.24 billion, while mining in Botswana has fallen by 16%, to 20.8 million carats price of $ 2.99 billion .
The price per carat Botswana diamonds was $ 143.73 per carat, and Russian - $ 101.15 per carat.
Thus, Botswana can still overtake Russia as the largest producer of diamonds by value, but only if it is able to increase production.
Mining companies of Debswana, a joint venture between De Beers and the Botswana government, dropped to 20.4 million carats due to falling prices, while ALROSA production increased in 2015 to 38.3 million carats.
At the same time, the global diamond production in 2015 was reduced by the cost of the stone in terms of falling prices for the first time since 2012.
In value in the past year, total production decreased by 4.2% to $ 13.88 billion, according to data published by the Kimberley Process.
However, in terms of production increased by 2.1% to 127.4 million carats, while the average price of stones dropped by 6.2%, to $ 108.96 per carat.
Australia was on 3rd place in diamond mining, and produced 13.5 million carats in 2015 worth $ 308 million. The average price of the stones was $ 22.73 per carat.
Angola during the reporting period produced more than 9 million carats worth $ 1.18 billion, or $ 131.11 per carat.
Mining in South Africa in 2015 reached 7.2 million carats worth $ 1.39 billion, or an average of $ 192.57 per carat.
http://royalpearljewelry.blogspot.ca/
1 comment:
The ability of the diamond industry to adapt to the demand indicates that it will be one of the first commodity markets, which expect improvement, says Tim Clark (Tim Clark), Head of Standard Bank unit for research in the field of metal production and mining production.
"We have a specific interest in looking at the sales season in the United States and look forward to their growth, and if this is confirmed, in the second quarter of 2016 will restore the diamond market", - said Clark.
If seasonal sales growth will not happen and the diamond pipeline will be "cleared" by the largest manufacturers of alternative actions can be taken.
"If the seasonal sales growth will not, we predict that ALROSA and De Beers cut production, probably by 30% over the next year, and so we expect the recovery in late 2016 or early 2017, with the depletion of the diamond pipeline "- quoted by Clarke information portal miningnews.net.
Post a Comment