Approximately 130 million carats (26,000 kg (57,000 lb)) are mined annually, with a total value of nearly USD $9 billion, and about 100,000 kg (220,000 lb) are synthesized annually.[49]
Roughly 49% of diamonds originate from central and southern Africa, although significant sources of the mineral have been discovered in Canada, India, Russia, Brazil, and Australia. They are mined from kimberlite and lamproite volcanic pipes, which can bring diamond crystals, originating from deep within the Earth where high pressures and temperatures enable them to form, to the surface. The mining and distribution of natural diamonds are subjects of frequent controversy such as with concerns over the sale of conflict diamonds or blood diamonds by African paramilitary groups.[50] The diamond supply chain is controlled by a limited number of powerful businesses, and is also highly concentrated in a small number of locations around the world
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