World Diamond Council

International Headquarters: 52 Vanderbilt Avenue / 19th Floor / New York, NY 10017 / USA

Eli Izhakoff, Chairman / 580 Fifth Avenue / New York, NY 10036 / USA



Rough diamond mining companies produce annually some 114 million carats of rough, worth some $6.8-$7 billion, providing meaningful livelihood to some 2 million people working in the various stages of mining, processing, distributing and retailing, enabling the annual sale of some 67 million pieces of diamond jewelry worldwide. With new mines coming onstream, others being expanded and some being closed, it is expected that by the year 2005 world production may increase to over 120 million carats worth some $8.9-$9.2 billion.

Mazal u Bracha July, 2000

DIAMOND PRODUCTION ESTIMATES - 2002



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52 Vanderbilt Avenue / 19th Floor / New York, NY 10017 / USA