The correct answer is Russia.Russia is currently the world's largest producer of natural diamonds by volume. The vast majority of Russian diamond mining is concentrated in the Sakha Republic (Yakutia) in the northeastern part of the country, just below the... Read More
The correct answer is Russia.Russia is currently the world's largest producer of natural diamonds by volume. The vast majority of Russian diamond mining is concentrated in the Sakha Republic (Yakutia) in the northeastern part of the country, just below the Arctic Circle.
Almost all of Russia's diamond production is managed by a single company called ALROSA. This partially state-owned enterprise accounts for about 90% of Russia's diamond output and roughly 28% of the entire global diamond market.
While Russia leads in terms of the total number of carats (weight) pulled from the ground, other countries are also major players in the industry:
It is important to distinguish between the two types of diamonds mined:
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