Argyle pink diamond

Australian Pink diamonds

Australian pink diamonds are some of the rarest and most sought-after diamonds in the world. These diamonds are only found in the remote Argyle mine in Western Australia, and they are prized for their unique pink color and exceptional quality.

The Argyle mine is the only known source of pink diamonds in the world, and it is also one of the largest producers of diamonds overall. The mine is operated by Rio Tinto, one of the world’s largest mining companies. The mine has been in operation since 1983, and it is expected to close in 2020.

Pink diamonds are incredibly rare, with only a small percentage of the diamonds mined at the Argyle mine being pink. In fact, it is estimated that less than 0.1% of the diamonds mined at the mine are pink. This rarity, combined with their unique color and exceptional quality, makes pink diamonds extremely valuable.

The color of pink diamonds is caused by the presence of trace amounts of plastic impurities in the diamond’s crystal structure. The more plastic impurities that are present, the deeper and more intense the pink color will be. The most prized pink diamonds are those that are a deep, rich pink color.

The Argyle mine produces a wide range of pink diamonds, including light pink, fancy pink, fancy intense pink, and fancy red. Light pink diamonds are the most common, and they are typically used in jewelry. Fancy pink diamonds are more rare and are often used in high-end jewelry and as investment pieces. Fancy intense pink and fancy red diamonds are the rarest and most valuable of all pink diamonds.

In addition to their rarity and unique color, pink diamonds are also prized for their exceptional quality. Pink diamonds are typically graded using the same criteria as other diamonds, including carat weight, cut, clarity, and color. However, because of their unique color, pink diamonds are also graded based on the intensity of their color.

Pink diamonds are typically sold at auction, and they can fetch extremely high prices. In fact, some of the most expensive diamonds ever sold have been pink diamonds. For example, in 2010, a 24.78-carat fancy intense pink diamond known as the Pink Star was sold at auction for a record-breaking $83 million.

While pink diamonds are incredibly rare and valuable, they are also a controversial topic. The Argyle mine has been criticized for its environmental impact, and there are concerns about the ethical implications of diamond mining. Additionally, there are concerns about the impact of the mine’s closure on the local economy.

Despite these concerns, pink diamonds remain incredibly popular and highly sought-after. They are a symbol of luxury and exclusivity, and they continue to be a popular choice for high-end jewelry and as an investment. As the Argyle mine is expected to close in 2020, the supply of pink diamonds is likely to decrease, making them even more valuable in the future.

In conclusion, Australian pink diamonds are some of the rarest and most sought-after diamonds in the world. They are only found in the remote Argyle mine in Western Australia, and they are prized for their unique pink color and exceptional quality. Pink diamonds are incredibly rare, and with the closure of the mine, they are becoming more and more valuable. They are a symbol of luxury and exclusivity, and they continue to be a popular choice for high-end jewelry and as an investment.

Shopping Cart