Global Rough Diamond Output to Hit 135 Million Carats in 2015

Mining Weekly reported that an analysis of the world’s 54 largest diamond mines has shown that global diamond output is expected to hit 135.5 million carats this year.

As quoted in the market news:

Independent industry analyst and consultant Paul Zimnisky, who undertook the research, said three new diamond mines expected to start production this year, with only one expected to shutter, mainly underpinned the potential 3.3% year-on-year growth.

In terms of the value produced, 2015 output was estimated at $14-billion compared with an estimated $13.8-billion in 2014.

Click here for the full Mining Weekly report