Diamonds: Gemesis Diamond Co. Produces Largest, Whitest Lab-Created Diamond & More



Notes From the Underground On April 30, Rio Tinto officially opened the new Argyle underground diamond mine in a move that will extend the small diamond producer’s life until 2020. The East Kimberley, Australia, mine, which produces 20 million carats a year of mostly smaller stones, previously had been an open-pit producer. The extension of the mine will cost $2.2 billion. The Argyle mine has produced some 800 million carats of rough diamonds in the past 25 years, including the highly desirable Argyle pinks, which the miner sells in a widely watched annual tender. Argyle is one of the largest contributors to the East Kimberley economy, a statement said, with 70 percent of the workforce living locally. “A new chapter begins at Argyle and I am proud to acknowledge the many men and women who have contributed to [its] discovery and development,” said the mine’s managing
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out