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 & rare pink diamonds. The mine began its operations in 1985 and has changed the world of diamonds, and pink diamonds in particular, ever since. It is one of the world’s largest supplier of natural coloured diamonds, including white, champagne, cognac, blue and the highly coveted rare pink diamonds.
The argyle mine has made quite the name for itself and its products, namely the extremely valuable and popular signature stone, the Argyle Pink Diamond. The Argyle mine laser inscribes the diamonds sold through their business unit in order to verify the stones authenticity.
The best from each year’s production of pink, red, blue and yellow diamonds are cut and polished in Western Australia and sold through the Argyle Diamonds Tender. Of the hundreds of millions of diamonds produced by Argyle each year, only the best 60 or so are included in this prestigious sealed Signature tender, thus making these stones extremely rare, collectable and more importantly highly investable.
In 2009, it was estimated that the mine life span would remain only 10 more years, and Argyle has confirmed this in their own publications. This means general production is believed to end in 2019. There has never before been, and will probably never be again, a mine that replicates these unique properties as productive and successful as the Argyle mine and so the demand for these stones is very high, which will ease an investor and challenge of liquidating these assets in the future.
Argyle Pink Diamond Business Manager, said that “Although the Argyle mine supplies approximately 90% of the world’s pink diamonds, astonishingly, a whole year worth of production of stones of over half a carat would fit in the palm of your hand.” This goes to show just how rare these beautiful stones really are. “The chances of any future mine discovery replicating the unique properties of the Argyle mine is extremely low” said Archer. “Currently there are no other pink diamond mines or deposits, and even if another deposit of pink diamond-bearing ore is discovered, it takes an average of 10 years for a mine to proceed from discovery to productions”