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Top 10 Diamond Producing Countries in the World in 2024

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Diamonds have long captivated the human imagination, symbolizing wealth, elegance, and endurance.  In 2024, the global diamond industry continues to thrive, with several key players dominating the market.  Here's an in-depth look at the top 10 diamond-producing countries in the world, showcasing their contributions to this glittering industry. 1. Russia: 41,923,910 Carats Russia holds the crown as the largest diamond producer in the world, with an impressive production of over 41.9 million carats.  The country's rich diamond deposits, primarily located in the Sakha Republic (Yakutia) and Arkhangelsk Oblast, are mined by the state-owned company ALROSA.  Russia's significant contribution to the global diamond market underscores its critical role in the industry. 2. Botswana: 24,752,967 Carats Botswana, often regarded as the diamond capital of Africa, takes the second spot with nearly 24.8 million carats.  Diamonds are the backbone of Botswana's economy, with major mines l