Where are blue diamonds found in Australia?

It is said that for every 25 million carats of diamonds extracted from the Argyle mine, a single blue diamond is found. Only 42 Argyle blue violet diamonds have been included in over 30 years of Argyle pink diamond tenders.

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Are blue diamonds found in Australia?

Blue diamonds are considered to be the rarest coloured diamond apart from Red. One of the only recognised sources of natural Blue diamonds and THE ONLY source of rare blue-violet and violet diamonds was the Argyle mine in Western Australia, which ceased production in November 2020.

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Where are most blue diamonds found?

Blue diamonds are only found in a few mines around the world. These mines include the Cullinan mine near Pretoria, South Africa, and the Argyle mine in Australia. Once, blue diamonds were mined in India's famous Golconda mine as well.

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How much is a blue diamond in Australia?

Blue diamonds are among the rarest of all coloured diamonds. Originally mined in India's famed Golconda mine, blue diamonds are currently mined in Australia and South Africa, and can cost as much as $100,000 to $250,000 USD per carat, depending on colour, clarity and carat weight.

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What are the chances of finding a blue diamond?

While White/Yellow diamonds are a common sight, it is the blue hue that differentiates this diamond and makes heads turn. The color, however, isn't the only attribute that makes this stone desirable. The odds of finding a blue diamond in a mine are as rare as 1 to 10,000.

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Closure of Australia's only diamond mine sparks flurry of exploration

21 related questions found

What is the rarest diamond color?

Red diamonds are the rarest of the colored diamonds, with only 20-30 existing in the entire world.

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What is the most expensive diamond found in Australia?

Aussie miner finds $102 million pink diamond - largest found in 300 years.

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What is the most expensive diamond in Australia?

Leonard Joel has been busy building a reputation as the auction house of big-ticket jewels and million-dollar-plus diamonds. It holds the record for the most expensive diamond sold at auction in Australia – $1.625 million for a 20.05 carat rock, sold in December 2021.

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Are blue diamonds more expensive than sapphires?

When comparing sapphires vs diamonds price, diamonds are the more expensive stone. Though sapphires are rarer than diamonds, they are less expensive.

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What is the rarest diamond to find?

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.

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Are blue diamonds worth more than white?

PRICE. Both blue and white diamonds are graded using the Four Cs system: cut, clarity, colour, and carat weight. However, because blue diamonds are so rare and highly sought-after for their beauty, they often sell for a higher price per carat than white diamonds.

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What is the difference between a blue diamond and a sapphire?

Perhaps the most important aspects to discuss in differentiating blue diamonds from sapphires are fire and brilliance. As diamonds refract more light than sapphires, they boast a more dazzling appearance - that sparkle that instantly attracts and mesmerizes the viewer.

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What blue gems are found in Australia?

Jade, turquoise and lapis lazuli have rich green and blue colours making them hugely sought after. Many gemstones acquire their colours due to their chemical composition and trace elements or impurities contained in the stones.

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Where are pink diamonds found in Australia?

More than 90 percent of the world's supply of natural pink diamonds are produced in a worldwide-known diamond mine called the Argyle Mine in Western Australia. Historically they have also been found in India, South Africa, Canada, Russia and Brazil. The Argyle mine is expected to remain open until 2020.

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Where is the best place to find diamonds 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. It produces a large quantity of stones each year for the international market.

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What is the rare pink diamond found in Australia?

A 170-carat pink diamond — dubbed the Lulo rose — was discovered at the Lulo alluvial diamond mine in the country's diamond-rich north-east, and is among the largest pink diamonds ever found, the Lucapa Diamond Company said in a statement to investors on Wednesday.

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How much is a 2 carat diamond worth in Australia?

Price Of 2 Carat Diamonds

On average, diamond buyers can expect to pay anywhere from $5500 to $60000 AUD for a 2-carat diamond. This will vary greatly when taking into consideration the multiple factors discussed above.

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How big a diamond will $10,000 buy?

Typically, a $10,000 budget can allow you to buy a diamond between 0.75 carats and 2 carats. If you opt for a 0.75-carat stone, it measures about 5.7 mm.

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Are Australian diamonds rare?

Argyle diamonds are an extremely rare type of diamond. They are so rare that they have a market value of over $100,000 per carat. Argyle diamonds are the most expensive type of diamond found in nature. In 1868, they were discovered in the Argyle mine in Kimberley, Australia, and have been mined there ever since.

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Is diamond more rare than opal?

On the whole, opals are rarer than diamonds because there are less high-quality opals available than there are diamonds. The good news is that you can find a gem-quality opal for a great price, especially compared to a diamond.

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Who owns the rarest diamond in the world?

The most expensive diamond in the world is owned by the British Royal Crown. The Kohinoor gem currently resides at the HM Tower of London where it is displayed as the central diamond of the Queen Mother's Crown.

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Do rainbow diamonds exist?

Did you know that natural (also called “fancy”) diamonds can come in nearly every color of the rainbow? While the odds of a diamond having color are estimated at 1 in 10,000, rare brown, yellow, red, blue and purple diamonds exist, as well as diamonds of all sorts of colors in between.

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What is the prettiest diamond color?

The best diamond color grade is D color. This means the diamond is completely clear with no shade of yellow (or anything else) in it. The best color for a diamond that you will put in your engagement ring is not D. You can put a G, H or I color diamond in a ring and it will look the same while costing a lot less.

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Are blue diamonds more rare than pink?

While no rarer than the beautiful blue diamond, pink diamonds are often more expensive due to their romantic nature. Pink is a color long associated with love and romance, making the pink diamond a hot contender for a diamond engagement ring or wedding band. The origin of these pretty stones remains unknown.

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