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What are the World's Diamond Reserves?

What are the World's Diamond Reserves?

Today, the total reserves of rough diamonds in foreign countries are estimated at 2 billion carats. Diamonds are mined in more than 26 countries of the world; new deposits are constantly being searched for on all continents. The level of annual diamond production in the world is currently 131 million carats. Demand for Diamonds Based on the Dominion Diamond Corporation's estimates, global demand for rough diamonds will soon outstrip supply, leading to higher prices. Till 2024, diamond production is projected to decline due to the lack of new deposits. Demand is projected to continue to grow thanks to fundamental processes...

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