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Jeweller - October 2022

Seeking clarity: Understand the outlook for the diamond industry Aussie, Aussie, Aussie: Homegrown jewellery brands continue to shine brightly Christmas presents: New and exciting designs ready for the busy season

Seeking clarity: Understand the outlook for the diamond industry
Aussie, Aussie, Aussie: Homegrown jewellery brands continue to shine brightly
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News<br />

Fancy colour diamond unearthed at Ellendale project<br />

Canadian 71-carat yellow<br />

Burgundy Diamond Mines (BDM) has announced<br />

the discovery of the first fancy colour diamond<br />

at the Ellendale project since operations were<br />

restarted.<br />

The Ellendale Mine once produced approximately<br />

50 per cent of the world’s yellow diamonds,<br />

however, operations were suspended in 2015 when<br />

Kimberley Diamond Company entered voluntary<br />

administration.<br />

BDM – led by managing director Peter Ravenscroft<br />

– acquired leases at Ellendale in early 2020 with<br />

plans to return the mine to ‘fully operational’ by<br />

March of 2023.<br />

Recently, BDM has announced the recovery<br />

of a 1.51-carat fancy colour yellow diamond,<br />

octahedral in shape, at the Blina mine which is<br />

adjacent to the Ellendale site.<br />

“The first diamond recovered is an example of the<br />

potential quality of product from the Blina alluvials<br />

and the wider Ellendale project,” Ravenscroft said.<br />

“We look forward to building towards commercial<br />

production of these exquisite fancy-yellow<br />

diamonds.”<br />

He added: “This is especially timely as we finalise<br />

arrangements for the upcoming Australian launch<br />

of our ultra-luxury Maison Mazerea diamond brand<br />

later this month, which will be the vehicle to market<br />

and sell polished retail stones.”<br />

BDM put pen-to-paper on an agreement to supply<br />

polished fancy colour diamonds to jeweller Solid<br />

Gold Diamonds in July.<br />

The Maison Mazerea line will be used for bridal<br />

and engagement jewellery, while a second line of<br />

fine jewellery featuring high-value diamonds will<br />

debut in <strong>October</strong>. Solid Gold Diamonds have a<br />

flagship store in Perth, as well as a second location<br />

in Adelaide.<br />

Australian company India Bore Diamond<br />

Holdings (IBDH) controls other sections of<br />

the Ellendale site and recently confirmed<br />

the discovery of two separate layers of<br />

diamondiferous gravel deposits.<br />

Arctic Canadian<br />

Diamond Company<br />

has discovered a<br />

71.26-carat vivid<br />

yellow diamond.<br />

The large stone<br />

was unearthed last<br />

month at the Ekati<br />

Mine Misery Pipe, in<br />

Canada’s Northwest<br />

Territories.<br />

The company claims it is the largest fancy vivid<br />

yellow diamond discovered in Canada.<br />

Rory Moore, CEO of Arctic Canadian Diamond<br />

Company said, “This historic fancy vivid yellow<br />

gemstone continues to showcase Canada as a<br />

major player on the world stage for diamond<br />

mining.<br />

“Canadian diamonds are some of the most soughtafter<br />

globally because of responsible mining<br />

practices and environmental stewardship. This<br />

stone is a testament to Ekati’s ability to deliver<br />

value now and into the future.”<br />

Ekati is Canada’s first diamond mine and is known<br />

for supplying premium rough diamond assortments<br />

to the global market for more than 24 years.<br />

18ct Diamond & Precious Coloured Gemstone <strong>Jeweller</strong>y Collection<br />

DJDIAMONDDESIGNS.COM.AU<br />

Daniel Jacuk | 0412 071 103 | sales@djdiamonddesigns.com.au

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