Pink diamonds are regarded as among the rarest type of diamonds in the world. Around 90% of these pinkish gems are found in the Argyle mines in the Kimberley Region in Western Australia. Pink diamonds are also found in other areas such as in Russia, India, South Africa, Canada, and Brazil.
Where is pink diamond found?
Large pink diamond found in Botswana; Cullinan blue diamond sold. Lucara Diamond Company (Lucara) has announced the recovery of a 62.70-carat fancy pink diamond at its Karowe Diamond Mine in Botswana – the largest pink diamond ever unearthed in Botswana and one of the largest rough pinks on record.
Are they still Mining pink diamonds?
No mine in the world has produced rare pink diamonds that can compete with the vibrancy and colour depth of those unearthed at Rio Tinto’s Argyle mine in Western Australia. The pink diamonds found in the mines of India, Brazil and Russia also don’t compete with the character of Argyle’s famous gems.
Who mines pink diamonds?
The Rio Tinto operation in WA’s remote Kimberley region operated for 37 straight years, producing around 95% of the world’s supply of pink diamonds.
Do pink diamonds occur naturally?
Natural pink diamonds are real. “Natural” refers to diamonds that are found in nature with a pink color, and have not been treated in any way order to become pink. This rarity factor is the main reason pink diamonds are so expensive.
Where are pink diamonds found in Australia?
Pink diamonds are regarded as among the rarest type of diamonds in the world. Around 90% of these pinkish gems are found in the Argyle mines in the Kimberley Region in Western Australia.
Where is diamond found in Australia?
Australia’s largest and most economic diamond deposit has been the Argyle Mine, in the East Kimberley region of Western Australia. It started production in the early 1980s and was, for some years, the world’s largest diamond mine by volume.
Where can I mine pink diamonds?
Located in the remote East Kimberley region of Western Australia, the Argyle mine produces approximately 0.1% of the world’s diamonds supply, and roughly 90% of the globe’s rare pink diamonds. The mine provides white, champagne, and pink diamonds as well as some other very rare colors.
Which is the rarest diamond in the earth?
Red diamonds are the rarest and some of the most expensive in the world. Also known as Fancy Reds, they come in a variety of shades ranging from orange-red to brownish red. Majority of the world’s red diamonds come from the Argyle Diamond Mine in Australia.
What is the biggest pink diamond in the world?
The “CTF Pink Star,” weighing 59.6 carats, holds the current record for the price paid for a pink diamond at auction, at $71.2 million, which was sold in Hong Kong in April 2017.
When were pink diamonds discovered in Australia?
Argyle Diamond Mine is located in the Kimberley region of Western Australia, and it was discovered in 1979. The mine has produced over half a million carats of diamonds since its discovery. The Argyle pink diamond is rare because only 1% of the mined diamonds at the Rio Tinto Argyle Diamond Mine were pink.
Why are Argyle pink diamonds rare?
The majority of all pink diamonds mined come from one source in Australia, the Argyle Mine. Argyle Pink Diamonds are so expensive because of the very limited supply. A pink diamond is formed of only carbon like a white diamond, through millions of years in the kimberlite pipes of volcanoes.
Are pink diamonds a good investment?
In the past 11 years especially, many of the pink diamond prices have increased by 367%, making them a hard and stable investment, and one that clearly shows strong growth. … This makes pink diamonds an intelligent investment.
What is the rarest Colour diamond?
What Are the Rarest Diamond Colors?
- Red Diamonds. The rarest of all colored diamonds, only 20 to 30 natural red diamonds exist in the entire world. …
- Blue Diamonds. Also incredibly rare are blue diamonds, which have only been found naturally in mines in South Africa, India, and Australia. …
- Pink Diamonds. …
- Yellow Diamonds.
How can you tell if you have a pink diamond?
Look for a report from an independent grading lab such as GIA or IGI. They will contain information of the 4Cs as well as details of its origin. Just make sure that you know your stone is indeed a lab-created pink diamond.
How rare is natural pink diamond?
Pink diamonds make up less than 1% of the Argyle mine’s production, making them the rarest of the rare. This is large because of the fact that only one carat of pink diamonds is available for sale for every million carats of rough diamonds mined at Argyle.