In this piece, we will take a look at the 5 biggest diamond companies in the world. For more companies, head on over to 10 Biggest Diamond Companies in the World.
5. Lucara Diamond Corp. (OTCMKTS:LUCRF)
Market Capitalization as of November 20th, 2022: $174 million
Lucara Diamond Corp. (OTCMKTS:LUCRF) is a Canadian company with diamond mining properties in Africa. The firm is headquartered in Vancouver, Canada and it also operates a digital platform for the sale of rough diamonds.
Lucara Diamond Corp. (OTCMKTS:LUCRF) processed 700,000 tonnes of soil during the third quarter of this year, out of which it recovered 80,000 carats of diamonds. The firm’s total indicated diamond reserves stand at 7,207 million carats, while its inferred diamond reserves stand at 1,192 million carats.
Lucara Diamond Corp. (OTCMKTS:LUCRF)’s market capitalization is $174 million.
4. Petra Diamonds Limited (LSE:PDL.L)
Market Capitalization as of November 20th, 2022: $224 million (1 GBP = 1.18 USD)
Petra Diamonds Limited (LSE:PDL.L) is a British company that is headquartered in London. The firm owns four diamond mines.
Petra Diamonds Limited (LSE:PDL.L) is one of the largest diamond companies in the world when it comes to managed resources. The firm has a whopping 227 million carats of diamonds under its properties. Out of these, Petra Diamonds Limited (LSE:PDL.L)’s gross diamond resources as of June 2022 stand at 226.6 million carats. Additionally, the firm’s gross reserves are 30 million carats. The Cullinan mine, located in South Africa is Petra Diamonds Limited (LSE:PDL.L)’s largest property. This mine produced a staggering 1.8 million carats of diamonds during the company’s fiscal year 2022.
Petra Diamonds Limited (LSE:PDL.L) has a $224 million market capitalization.
3. Anglo American plc (LSE:AAL.L)
Market Capitalization as of November 20th, 2022: $48.7 billion (1 GBP = 1.18 USD)
Anglo American plc (LSE:AAL.L) is one of the oldest mining companies in the world. It was set up in 1917, and it mines diamonds, copper, platinum, and other metals. The firm is headquartered in London.
Anglo American plc (LSE:AAL.L) has a majority stake in De Beers Group, one of the largest diamond companies in the world. It has delivered 26.5 million carats of diamonds so far this year, representing an 8% increase over last year’s levels. By the end of this year, Anglo American plc (LSE:AAL.L) is planning to cumulatively produce up to 34 million carats of diamonds.
Anglo American plc (LSE:AAL.L) has $48.7 billion in market capitalization.
2. Public Joint Stock Company ALROSA (MCX:ALRS.ME)
Market Capitalization as of November 20th, 2022: $9 billion (1 Ruble = 0.016 USD)
Public Joint Stock Company ALROSA (MCX:ALRS.ME) is a Russian company headquartered in Mirny, Russia. The firm has operations in Belgium, UAE, India, and other countries.
Public Joint Stock Company ALROSA (MCX:ALRS.ME) has access to some of the largest diamond deposits in the world since it is a Russian state-owned company. As of 2018, these stood at a whopping 1.2 billion carats, and in 2020 the company mined 30 million carats of rough diamonds which allowed it to rake in $3 billion in revenue. It operates through five diamond mining divisions.
1. Rio Tinto Group (ASX:RIO.AX)
Market Capitalization as of November 20th, 2022: $114 billion (1 AUD = 0.66 USD)
Rio Tinto Group (ASX:RIO.AX) is also one of the oldest mining companies in the world as it was set up in 1873. The firm is headquartered in London, and it mines aluminium, copper, diamonds, gold, and other metals.
Rio Tinto Group (ASX:RIO.AX) is aiming to produce up to five million carats of diamonds by the end of this year. During the first half of this year, the company produced 2.1 million carats of diamonds, which marked 15% annual growth. It operates diamond mines in Australia and in Canada.
Rio Tinto Group (ASX:RIO.AX)’s latest market capitalization is $114 billion.
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