GITNUX MARKETDATA REPORT 2024

Valuable Rocks Statistics

Valuable rocks statistics reveal that the average value of rocks extracted is $500 per ton.

In this post, we explore the lucrative world of valuable rocks and minerals, shedding light on the staggering worth of the mining industry. From the exquisite Hope diamond to the precious platinum and rare alexandrite, we uncover the economic significance and beauty of these natural treasures. Join us as we delve into the fascinating statistics surrounding the production and valuation of these valuable rocks that hold immense worth in the global market.

Statistic 1

"There are over 4000 types of minerals, a majority of which could be classified as rocks that could hold valuable properties."

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Statistic 2

"The value of U.S. industrial minerals production in 2019 was $58.2 billion."

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Statistic 3

"Canada's mineral production was valued at 48.2 billion Canadian dollars in 2019."

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Statistic 4

"The Hope diamond, one of the most famous and valuable rocks, is 45.52 carats and estimated to be worth $250 million."

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Statistic 5

"The most precious rocks & gemstones, like red beryl, can reach prices up to $10,000 per carat."

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Statistic 6

"In 2020, China was the largest graphite producer in the world with an annual production of 0.7 million metric tons."

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Statistic 7

"In 2020, 110000 metric tons of the precious metal silver was produced in the United States."

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Statistic 8

"Platinum, another valuable rock, has an average price of $879 per ounce in 2020."

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Statistic 9

"The U.S. produced $1.3 billion worth of copper in 2020."

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Statistic 10

"Emerald prices can range from $50 to $30000 per carat depending on quality."

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Statistic 11

"As per 2021, the total weight of diamonds mined globally was approximately 142 million carats in 2021."

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Statistic 12

"Rubies can range in price from $100 to $15000 per carat, making them some of the most valuable gemstones."

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Statistic 13

"The Cullinan Diamond, the largest gem-quality diamond ever found, weighed 3,106 carats and was given a value of about $2 billion."

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Statistic 14

"In 2019, gem-quality diamonds were produced in 23 countries around the world. Russia, Botswana, and Canada were the leading producers."

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Statistic 15

"The value of the perlite produced in 2020 was $36.1 million."

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Statistic 16

"Alexandrite, one of the rarest and most valuable gemstones, can cost $12,000 per carat."

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Statistic 17

"The world's largest sapphire was discovered in Sri Lanka and weighs 1404.49 carats, with an estimated value of $175 million."

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In conclusion, the global production and trade of valuable rocks and gemstones play a significant role in the economy, with countries such as the U.S., Canada, and China leading the way in mineral production. The high values associated with precious rocks like diamonds, rubies, and sapphires highlight their importance in the luxury market, while industrial minerals such as platinum and copper also contribute substantially to global economic activity. The varying price ranges of different gemstones illustrate the diversity and potential profitability of the mineral industry, making it a lucrative and essential sector in today’s market.

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