Over in the west Kimberley, the Ellendale mine presently contributes approximately 50% of the world production of high-quality fancy yellow diamonds.
While most of the intense yellow diamonds come from South Africa, yellow diamonds are found all over the world. They are typically found in the ground and not in diamond mines. Today, you are able to view a range of stunning yellow diamonds for sale in South Africa at premium diamond jewellers, such as Shimansky.
Pink diamonds are very rare. All the Australian pink diamonds that have ever been sold can fit into two champagne flutes.
Ellendale is located in the West Kimberley region of Western Australia, about 400-500 km (250 to 310 miles) west of Argyle, which closed in November 2020 after 37 years of production. Formerly owned by Kimberley Diamonds Ltd. and perhaps best known as the mine that supplied Tiffany & Co.
Estimates by the Geological Survey of Victoria indicate that 75 Moz of undiscovered gold may occur in the Stawell, Bendigo and Melbourne zones1, while several multi-million ounce deposits in Victoria potentially remain undiscovered.
Approximately 720km south-east of Darwin sits what is set to be Australia's only operational diamond mine. First opened more than two decades ago, the Merlin mine has lain quiet for years following a tumultuous period of ownership.
How much does a 1 carat yellow diamond cost? Depending on how it's graded and the intensity of its colour, a 1-carat yellow diamond can cost anywhere from $2,000 to $16,000. Usually, intense yellow diamonds cost more than $10,000 per carat, such as Canary Diamonds.
Their yellow shade is extremely pure and clear which has earned them the nickname / synonym of Canary Diamonds. Price wise they are 25%-50% more than fancy yellows which places them more expensive than white counterparts. The price for a 1 carat good quality Intense Yellow is currently in the range of $6,500 - $8,000.
Red diamonds are the rarest of the colored diamonds, with only 20-30 existing in the entire world. They get their beautiful red color from a rare process during their formation, which changes the crystal structure of the diamond and causes light to pass through it differently than colorless diamonds.
The Argyle Mine in the Kimberly region of Western Australia is one of the world's largest single diamond producers. This mine is located approximately 550km southwest of Darwin and southwest of Lake Argyle. This mine stretches over 124 acres.
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.
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.
Yellow diamonds are usually more expensive than white diamonds, but they can also be significantly less expensive than other fancy colored diamonds. The price of a yellow diamond is determined by its color and clarity grades. The more intense the color, the higher the price.
Natural yellow diamonds are rare, but how rare? Only one diamond in almost every 10,000 is a yellow diamond! Some diamonds are enhanced by man to become yellow diamonds, while others are yellow naturally. Enhanced and natural yellow diamonds look different.
The Tiffany Yellow Diamond is one of the largest yellow diamonds ever discovered. Its carat weight was originally 287.42 carats (57.484 g) in the rough when discovered in 1878 in the Kimberley mine in South Africa.
There are a few simple reasons why. For most people, the color yellow signifies happiness, sunshine and hope. As a result, most people searching for rare stones associate yellow diamonds with happiness. Yellow diamonds are so popular because they are some of the most wallet-friendly rare diamonds on the market.
Yellow diamonds represent love and commitment. They also represent knowledge, wisdom and the continuation of a happy life. With that said, yellow diamonds make for beautiful engagement rings.
Is the Tiffany Yellow Diamond for Sale? Though the Tiffany yellow diamond is not presently for sale, and likely never will be, this wasn't always the case. In 1972, Tiffany & Co. placed an ad in the New York Times, offering the diamond for sale for $5 million, the equivalent of nearly $26 million in today's dollars.
Canary Yellow Diamonds are the most desirable and valuable type of yellow diamond. Like the canary bird, these diamonds exhibit a deep, intense yellow hue, as opposed to a dull or light yellow tinge that can be considered a negative in colorless diamonds.
Famously Yellow
With the highest market demand of the entire natural fancy colored diamond family, it is no surprise that some yellow diamonds became known among the most famous diamonds in the world. Following are just a few of some of the well known pieces.
As such, owning or investing in a yellow diamond can be an incredibly rewarding experience. Not only does its distinct coloration mean that each stone is unique, but its value also tends to increase over time due to its scarcity.
However, the Australian Diamond brings a uniqueness that no other diamond in the crowd does. By some trick of nature, it is coloured in the most elegant and mystical ways! This tiny, rare percentage of diamonds appears in different shades of pink and is one of the most valuable in the world today.
They are only found in Brazil and Africa and have the same chemical composition as white diamonds, however, they get their black colour from their many inclusions. Their inclusions are typically clusters of graphite or carbon, which create a beautiful gem-like appearance.
Diamond is only formed at high pressures. It is found in kimberlite, an ultrabasic volcanic rock formed very deep in the Earth's crust.