Diamonds and Fine Jewelry

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Diamond Mining In Australia at the Ellendale Mine

Filed under: diamonds — mobilitymary at 2:50 pm on Friday, July 18, 2008

A diamond is a type of carbon that has been compressed at very high pressure deep below the earth for many millions of years. They are usually found by mining and often are brought to the surface as a result of a volcanic explosion. Their beauty and elegance are deeply entrenched in our culture.

About half of all diamonds are found in Africa, but they are also prevalent in Canada, India, Russia, and Australia. Recently a mine in Australia has been rejuvenated and has greatly improved its production rate.

The Ellendale diamond mind is one of the few diamond mines left in Australia that consistently has produced quality diamonds. Recently a change of ownership at the mine took place. A company called Gem Diamonds took over the operation.

In the past month they have broken several production records, in regards to processing ore. In June of 2007 the mine produced 557,091 tones of ore. Last month they processed a 670,000 tons of ore, which resulted in a record 57, 814 carats.

Ellendale is most well known for the production of fancy and vivid yellow diamonds. Over the past 12 years the value of these types of diamonds is estimated at increasing 500%.

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