Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Frost & Sullivan Publishes New Analysis on Russian Diamond Market - Rich Kimberlite deposits brighten prospects says Frost & Sullivan - The market is expected to reach $5.74 billion in 2015 – Deployment of modern equipment will be essential for productive outcomes in mining low-grade ore
Frost & Sullivan Publishes New Analysis on Russian Diamond Market

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/10/24 - Rich Kimberlite deposits brighten prospects says Frost & Sullivan - The market is expected to reach $5.74 billion in 2015 – Deployment of modern equipment will be essential for productive outcomes in mining low-grade ore.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Russia is the world's largest source of rough diamonds. In 2010, it accounted for 23.5% of the total diamond production in terms of volume, and 25% in terms of value.

Alrosa, the state-owned company, was the largest diamond manufacturer in the world the same year, followed by De Beers, Rio Tinto and BHP Billiton. The Russian diamond market is also facing a revival due to growing incomes and expenditure for luxury goods, especially in emerging countries.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Outlook of the Russian Diamond Market, finds that the market earned revenue of $4.79 billion in 2010 and is estimated to reach $5.74 billion in 2015.

Russia possesses prospective kimberlite deposits, which are expected to enable further increase in production capacity by facilitating a shift to underground mining. However, the Russian diamond market is export driven and is heavily dependent on global demand. In 2010, the exports of Russian rough diamonds increased by 28%.

"The Russian diamond market is at a mature stage and it is unlikely that the CAGR will exceed 3.7% from 2011 to 2015," says Frost & Sullivan Research Analyst Monika Nowotnik. "However, in comparison with the global market, Russia still has the potential to exceed production capacity."

Although the outlook for the market looks bright with the upswing in consumer demand and climbing diamonds prices, there are some challenges throwing a cloud of uncertainty over its future prospects.

Large-scale mining activities have caused depletion of natural resources and environmental deterioration. During the long term, environmental protection will assume greater importance and safety regulations are expected to become more stringent in Russia, in line with global trends.

In addition, for the past 20 years, no large diamond deposits have been found in the world. All new deposits are low grade compared with existing ones. Companies are bound to face difficulties in mining for low-grade deposits in new, challenging locations, given the increasing complexity of extraction.

These circumstances indicate escalating costs of inputs, such as oil, steel and explosives. Mining companies will also be expected to meet strict safety requirements concerning the working conditions and protection of employees.

"In Russia, additional costs are generated by energy consumption and expenditure on heating and insulation, due to the harsh climatic conditions," says Nowotnik. "However, the profitability of the diamond market depends on the balance between rising extraction costs and growing diamonds prices."

Faced with this scenario, Russian diamond manufacturers are striving to improve their techniques to enrich low-grade ore by using modern equipment. Moreover, they have to modify the enrichment process of the ores to limit the high transportation costs of low-grade ore by processing at the site or using larger monster trucks.

Underground mining requires more resistant equipment that can function in harsh environments as well as meet strict safety requirements. Going forward, modernisation of the devices and mining equipment will become extremely vital, and pave the way to market progression by helping optimize efficiency and productivity.

If you are interested in more information on this study, please send an e-mail to Anna Zanchi, Corporate Communications, at anna.zanchi[.]frost.com with your contact details.

Outlook of the Russian Diamond Market is part of the Industrial Automation & Process Control Growth Partnership Service program, which also includes research in the following markets: South African Diamond Market, Russian Metal Industry, and South African Platinum Group Metals Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Mining/Metal/Mineral articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Publishes New Analysis on Russian Diamond Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Anna Zanchi 
+39 02 46514819 anna.zanchi[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Mining/Metal/Mineral via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Mining/Metal/Mineral Most Recent Related Press Releases:

Boliden Selects Metso to Supply Equipment for A New Surface Crushing Station to Aitik Copper Mine in Sweden
Metso's Upgraded PlantTriage Software Simplifies Real-time Performance Management and Strengthens Cybersecurity
Metso Supplies Key Minerals Processing Equipment to Tibet Julong Copper for One of the Largest Greenfield Copper Projects in the World
Metso's Reliable Neles BWX Butterfly Valve Meets Requirements of Various Process Industries
Metso Introduces Integrated Approach for In-the-pit Operations
Metso Introduces Advanced Solutions for Fine Classification in Wet Minerals Processing
Rockwell Automation Outlines Steps for Achieving a Connected Mine
Metso Signs Landmark Deal with the World's Largest Copper Miner Codelco in Chile
Metso to Continue the Exclusive Lokotrack Distributor Agreement with Garriock Bros in the UK
Steel Dynamics, Inc. Wins Metals Company of the Year - Platts Global Metals Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today