Where Are Gemstones Found In Australia?

Diamonds of many colors were found in abundance in Australia in 1979. In the 1980s, Australia became a third producer of diamonds in the world.

Opal is a common gemstone found in Australia. Australia supplies more than 90% of the world’s opal since the 1930s. According to a 2018 report, Australia’s opal market was worth AU$16 million.It is one of the major leaders in the entire gemstone market. It has produced some rare and beautiful gems like diamond, sapphire, opal etc.

Recently, a valuable mineral called musgraviate was discovered. This gemstone is very rare and comes in many colors like green, purple, grey. Musgraviate can be sold for up to AU$34,000 per carat.