MCQ Detailed View

The largest producer of diamonds in the world by volume is Russia. It has remained the leading country in diamond production for several years. Most of Russia diamond mining takes place in the Yakutia region of Siberia, where extremely cold temperatures make operations challenging. Despite the climate, Russia mining technology and rich deposits have made it the top global producer.

Russian diamond production is led by the state-owned company ALROSA, which is one of the largest diamond mining companies in the world. Russia produces both gem-quality and industrial-grade diamonds and exports them to many countries, especially in Europe and Asia.

Although South Africa was once the leading diamond producer during the 19th and early 20th centuries, its output has declined compared to modern producers like Russia and Canada. China and Canada also mine diamonds, but their production levels are smaller than Russia.

Key Points:

• Top Producer: Russia leads the world in diamond production by volume


• Main Mining Company: ALROSA, a state-owned enterprise


• Major Region: Yakutia in Siberia, known for rich diamond reserves


• Global Role: Supplies gem-quality and industrial diamonds worldwide


• Historic Note: South Africa was once the top producer but no longer leads

Russia position as the largest diamond producer plays a key role in the global gemstone and industrial markets, influencing supply, trade, and pricing around the world.