These are the 5 Largest Diamond Producing Countries in the World

<p>&nbsp;Being attractive to the upper class and wealthy, diamond is a crystalline mineral that has a very high value in the market because of its special characteristics.</p><p><br /></p><p>Diamonds are formed from a mixture of carbon and atoms arranged in a crystal structure. Extremely high pressure and temperature produce these rocks naturally from a distance of 150 km deep in the earth's crust.</p><p><br /></p><p>In the commercial industry, the production of diamonds in principle seems simple, but it is one of the production processes that is quite complicated and needs to go through various processes before the diamond is marketed.</p><p><br /></p><p>Some countries may have expertise in mining, others may have stable financial resources and advanced technology in the production of rough diamonds.</p><p><br /></p><p>Therefore, each diamond produced in a country has a different quality.</p><p><br /></p><p>This is a list of the 5 largest diamond producing countries in the world.</p><p><br /></p><p>RUSSIA</p><p><br /></p><p>Russia is one of the world's largest producers and exporters of diamonds.</p><p><br /></p><p>Based on the number of carats of diamonds produced, Russia is indeed ranked first compared to other countries.</p><p><br /></p><p>The ALROSA company monopolizes the diamond industry in Russia with a dominance of 90% of diamond production each year.</p><p><br /></p><p>Diamonds of various sizes and shapes are found in abundance in Russia.</p><p><br /></p><p>Yellow diamonds are also found in some diamond mining sites in the country whose value is higher than normal diamonds.</p><p><br /></p><p>BOTSWANA</p><p><br /></p><p>Botswana is the largest producer of diamonds among African countries and ranks second in the world.</p><p><br /></p><p><br /></p><p>Botswana diamonds are the highest quality diamonds in the world with various sizes and shapes and colors.</p><p><br /></p><p>De Beers and Lucara and Kimberly are the two companies that dominate the diamond industry in the country.</p><p><br /></p><p>DEMOCRATIC REPUBLIC OF CONGO</p><p><br /></p><p>According to the amount of diamond production, the Democratic Republic of the Congo ranks third in the world.</p><p><br /></p><p>The Democratic Republic of Congo is the second largest producer of diamonds on the African continent.</p><p><br /></p><p>Most of the process of operating the diamond industry in the country is handled by the informal sector unlike other countries which are usually managed by a company.</p><p><br /></p><p>AUSTRALIA</p><p><br /></p><p>Australia is the largest producer of colored diamonds in the world.</p><p><br /></p><p>Pink, purple and red and yellow diamonds are widely found in the country.</p><p><br /></p><p>Argyle is the largest diamond mine in the country with an annual production of over 12 million carats.</p><p><br /></p><p>The diamond mine in Argyle produces the best colored diamonds, especially the rare pink and red diamonds.</p><p><br /></p><p>CANADA</p><p><br /></p><p>Diamond mining in North America began in 1998 after the first discovery in 1991.</p><p><br /></p><p>Diavik, Sap Lake and Victor are diamond mines in Canada operated by the Arctic Canadian Diamond Company (ACDC), formerly known as Dominion Diamonds.</p><p><br /></p><p>Most diamonds found in Canada are colorless and of high quality.</p>

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