As of 2023, the total global reserves of industrial diamonds amounted to an estimated 1.7 billion carats. At that point, Russia's diamond reserves were estimated to be approximately 860 million carats. Thus, the Russian diamond reserves are the largest worldwide. Almost half of the world’s mined diamonds are used for industrial purposes as rough diamonds. Industrial diamonds can be used in cutting, drilling, grinding, and polishing.
Diamond reserves worldwide from 2010 to 2023
(in million carats)
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US Geological Survey. (January 29, 2024). Diamond reserves worldwide from 2010 to 2023 (in million carats) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/
US Geological Survey. "Diamond reserves worldwide from 2010 to 2023 (in million carats)." Chart. January 29, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/
US Geological Survey. (2024). Diamond reserves worldwide from 2010 to 2023 (in million carats). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/
US Geological Survey. "Diamond Reserves Worldwide from 2010 to 2023 (in Million Carats)." Statista, Statista Inc., 29 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/
US Geological Survey, Diamond reserves worldwide from 2010 to 2023 (in million carats) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/ (last visited November 10, 2024)
Diamond reserves worldwide from 2010 to 2023 (in million carats) [Graph], US Geological Survey, January 29, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1076791/world-diamond-reserves/
