Argyle diamond mine
Facts and practical information
Nestled in the remote East Kimberley region of Western Australia, the Argyle Diamond Mine is a remarkable testament to the earth's fiery geological processes. Notable for its status as the world’s largest diamond producer by volume and the origin of a high proportion of the world's pink and red diamonds, this site is a true geological wonder.
The mine, which commenced operations in 1983, is situated on the traditional lands of the Mirarr and Gidja people and is a significant contributor to the local economy. Its existence is owed to ancient volcanic activity, which is responsible for the creation of the rare and highly sought-after gems found within its depths. The volcanic pipe that houses the diamonds is known as a lamproite pipe, rather than the more commonly known kimberlite pipes that host many of the world’s other diamond deposits.
Argyle's lamproite pipe is an ancient volcanic structure, believed to be over 1.1 billion years old. The pipe pushed diamonds to the surface, where they were later discovered, sparking a diamond rush that ultimately led to the development of the mine. The unique conditions of the pipe have resulted in the formation of diamonds with extraordinary hues, making them some of the most valuable and collectible gemstones on the market.
Over the years, the Argyle Diamond Mine has transformed the diamond industry with its diverse range of colors and quality. The mine's pink diamonds are particularly prized, fetching record prices at auctions due to their rarity and stunning beauty. These diamonds are so rare that the mine’s annual production of pink diamonds could fit into the palm of one's hand.
Despite its success, the Argyle Diamond Mine ceased operations in November 2020, transitioning into closure after more than three decades of production. The closure of the mine marks the end of an era in the diamond industry, with the future supply of its unique pink diamonds becoming even more limited.