As of now, which two groups supply more than half of the world's rough diamonds by value?

Prepare for the Gemological Institute of America's Graduate Diamonds Exam. Enhance your expertise with comprehensive quizzes and insightful explanations. Be ready to excel!

Multiple Choice

As of now, which two groups supply more than half of the world's rough diamonds by value?

Explanation:
Two groups supply more than half of the world's rough diamonds by value are ALROSA and De Beers. ALROSA, the Russian producer, has long been the top force in rough-diamond value due to its large-scale mining operations and steady output. De Beers remains a major player with a global distribution and sales network that helps realize strong value from rough diamonds. Together, their combined production and market influence exceed 50% of the world’s rough-diamond value today. The other groups—Rio Tinto and BHP—do not operate at a scale comparable to these two in diamond production, with Rio Tinto having scaled back its diamond business and BHP not being a major diamond producer.

Two groups supply more than half of the world's rough diamonds by value are ALROSA and De Beers. ALROSA, the Russian producer, has long been the top force in rough-diamond value due to its large-scale mining operations and steady output. De Beers remains a major player with a global distribution and sales network that helps realize strong value from rough diamonds. Together, their combined production and market influence exceed 50% of the world’s rough-diamond value today. The other groups—Rio Tinto and BHP—do not operate at a scale comparable to these two in diamond production, with Rio Tinto having scaled back its diamond business and BHP not being a major diamond producer.

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