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The Argyle Diamond Mine, which closed in 2020, produced over 90% of the world’s pink diamond supply and almost the entire supply of Intense and Fancy Vivid Pink Diamonds in the world.
“The best-known pink diamonds are from the Argyle diamond mine in Western Australia. Argyle was famed for supplying 90 percent of the world's pink diamonds, among the rarest and most valuable gems on earth. The world's most productive mine closed on 3 November 2020. When dealers sell what remains of their Argyle stocks, pink diamonds are expected to become more scarce and costlier."
Additionally given that there are currently no new known mining sources that could contribute to supply, due to this the demand-supply gap will continue to widen in the medium to long term. This has resulted in a continued increase in the price of Pink Diamonds from the Argyle diamond mine over this period. Investing in Pink Diamonds is proving to be one of the best performing assets available to investors, with growth far exceeding that of gold and property investments.
The reason Pink Diamonds from the Argyle diamond mine are so valuable and highly desired is purely because they are so rare and sought after around the world. So, when choosing a natural Pink Diamond as an investment there are a few important key factors to take into consideration which affect the overall value of an Pink Diamond. Contact us to make an appointment with one of our coloured Diamond Specialists, and indulge yourself in some of Australia’s natural beauties.