6 Diamond Mining Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Diamond Mining Business

Diamond is a solid form of carbon with atoms arranged in a crystal structure called diamond cubic. It is the hardest naturally occurring substance and the most popular gemstone.

Because of its extreme hardness, diamond is ideal for various industrial applications, including jewelry. Other important uses of diamonds include bioimaging, beauty treatment, manufacturing, cutting, polishing, drilling, and making computer semiconductors.

Given its widespread use, diamond is a highly in-demand precious metal. Therefore, starting a diamond mining business could be a great venture. To start mining diamonds, you may purchase or lease mining equipment. Also, you need trained and experienced personnel to work at your diamond mine.

Here are some real life success stories of starting a diamond mining business:

Learn more about starting a diamond mining business:

Where to start?

-> How much does it cost to start a diamond mining business?
-> Pros and cons of a diamond mining business

Need inspiration?

-> Examples of established diamond mining business

Other resources

-> Profitability of a diamond mining business

Part of

Starting A Diamond Mining Business: Everything You Need To Know

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1. Aether Diamonds ($3M/year)

How much they make: $3M/year
Current team size: 23

Diamonds Created Out Of Thin Air Sounds Like Magic. Aether Is Doing It.

Meet Aether, the diamond jewelry brand founded in 2018 that creates stunning pieces of jewelry for women using lab-grown diamonds that are not only beautiful, but have also transformed harmful CO2 from the atmosphere into something good for the environment.

About

Ryan started Aether Diamonds over 6 years ago

Revenue

Ryan grew the business to $250K/month

Read this case study

Read by 800 founders

4. Forevermark

Each Forevermark diamond comes with a promise that it is beautiful, rare and responsibly sourced. Learn more about the Forevermark story and the commitment to their diamonds, and explore their diamond jewellery collections here.

Where they're located: Gilbert, Arizona, United States
Website traffic: 160K/month

5. Only Natural Diamonds

Only Natural Diamonds is the definitive destination for all things natural diamonds. Get diamond style & engagement ring inspiration, info, education & more.

Website traffic: 260K/month

6. De Beers Group

Website traffic: 80K/month