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Canada

The world’s second largest country and now a major player in the Diamond market.



Canada is rapidly becoming a major player in the world of gemstone supply. Until 20 years ago, you would hardly have ever seen the country mentioned in gemstone books or being discussed by gem collectors. So what is all the fuss about? Diamonds.

Considering commercial Diamond mining only began in the 1990s, Canada became the world’s third largest producer of Diamonds by 2003 and, according to data from the United States Geological Survey (USGS) in 2009, unearthed 12 million carats of gem quality Diamonds. Since the first mines opened in 1991 in the Lac de Gras area of the Northwest Territories, there has been a flurry of activity with new mines opening on a regular basis. So much so that experts predict that Canada will prove to be the largest source of Diamonds within the next few years.

But Canada is more than just a Diamond producer: Ammolite is found in Alberta; Emerald and Aquamarines are found in Yukon; and Amethyst mines can be found in Ontario. The country’s other mining activities are very diverse. The largest export by carat weight is Nephrite Jade, mined in northern British Columbia, along with the blues of Sapphire and Iolite. A small amount of Opal is also exported.

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Canadian Ammolite.