Everything you need to know about the Argyle Diamond Mine
Aside from the fact that the Argyle is Australia's largest diamond mine, you probably don't know much about it. Here are some things that you should know about the world-renowned mine:
It is one of the world’s largest diamond mines.
Located at the East Kimberley Region in Western Australia, the Argyle Diamond Mine spans at about 50 hectares and reaches up to 500 metres underground – and exploration is still on-going.
Since 1983, it has produced more than 800 million carats of rough diamonds, making it one of the largest suppliers of diamonds and the top source for natural coloured diamonds worldwide.
It is operated by Rio Tinto.
When a group of geologists were exploring the remote area of the Kimberley region in 1976 and found a diamond, they were convinced that there’s plenty more where that came from.
This discovery led Rio Tinto, one of the largest mining corporations in the world, to open the Argyle Diamond Mine. Since then, they have been consistently supplying quality diamonds across the globe.
It is the primary source of pink diamonds.
Pink diamonds are extremely rare – and the Argyle Diamond Mine produces over 90 percent of the world’s supply. Because of this, the pink diamond has become the signature stone of the mine.
It is set to close by 2020.
Despite the increase in demand for diamonds, the Argyle Diamond Mine is set to stop its operations by the year 2020 because of the scarce and limited supply of diamond reserves available.
The closure can come sooner or later depending on Rio Tinto’s decision to push through with their underground expansion. Nevertheless, they continue to look for viable diamond sources in Australia.
Considering that the once rich diamond mine is set to close soon, now is the best time to get a hold of some of the most brilliant diamond wedding rings in Australia That are soon to be future artefacts.
Someday, when you look back, it will be nice to know that you’ve got a piece from one of mother nature’s greatest treasures – the Argyle Diamond Mine.