SourcingMar 22, 2022
De Beers Unveils New Marine Mining Vessel in NamibiaSourcingMar 31, 2022
Production at Mine Famous for Its Yellow Diamonds Slated To Restart
Burgundy Diamond Mines said it will begin commercial production at Ellendale before the end of 2022.
PHOTO Rough from the Ellendale mine that Burgundy Diamond Mines Ltd. purchased from a former Ellendale customer in 2021. Burgundy is in process of buying mining claims in and around Ellendale from Gibb River Diamonds. (Photo courtesy of Burgundy Diamond Mines Ltd.)
PHOTO Polished diamonds Burgundy produced at its facility in Perth. (Photo courtesy of Burgundy Diamond Mines Ltd.)
Perth, Australia—One of the companies trying to revive Ellendale, the Australian mine that once produced half the world’s yellow diamonds, expects to start commercial production later this year.
Burgundy Diamond Mines Ltd. said last week a state-of-the-art bulk sample plant has been shipped to Perth, Western Australia, from South Africa and will be transported to Ellendale for installation and commissioning by the end of the second quarter.
The company will conduct bulk sampling—the process of taking a massive sample in order to evaluate the makeup and potential worth of a mineral deposit—until Q4, with commercial production expected to kick off before the end of 2022.
Burgundy has not yet established final production forecasts, CEO Peter Ravenscroft, a former Rio Tinto executive, told National Jeweler via email, but will start production at the Blina alluvial deposit and plans to expand from there.
He said the company will cut and polish all yellow diamonds from Ellendale at its facility in Perth. The facility is built around “master craftsmen” who used to cut stones from another mine famous for its colored diamonds: Rio Tinto-owned Argyle.
Also like Argyle, Burgundy plans to create an “ultra-luxury” brand to market its yellows from Ellendale, much the same way Rio Tinto created—and kept—the Argyle Pink Diamonds brand.
The Ellendale brand is set to be unveiled in Paris in July alongside a collection of yellow diamond jewelry created by Burgundy’s first partner, Paris-based Bäumer Vendôme.
Related stories will be right here …
Burgundy Diamond Mines Ltd. said last week a state-of-the-art bulk sample plant has been shipped to Perth, Western Australia, from South Africa and will be transported to Ellendale for installation and commissioning by the end of the second quarter.
The company will conduct bulk sampling—the process of taking a massive sample in order to evaluate the makeup and potential worth of a mineral deposit—until Q4, with commercial production expected to kick off before the end of 2022.
Burgundy has not yet established final production forecasts, CEO Peter Ravenscroft, a former Rio Tinto executive, told National Jeweler via email, but will start production at the Blina alluvial deposit and plans to expand from there.
He said the company will cut and polish all yellow diamonds from Ellendale at its facility in Perth. The facility is built around “master craftsmen” who used to cut stones from another mine famous for its colored diamonds: Rio Tinto-owned Argyle.
Also like Argyle, Burgundy plans to create an “ultra-luxury” brand to market its yellows from Ellendale, much the same way Rio Tinto created—and kept—the Argyle Pink Diamonds brand.
The Ellendale brand is set to be unveiled in Paris in July alongside a collection of yellow diamond jewelry created by Burgundy’s first partner, Paris-based Bäumer Vendôme.
Ellendale is located in the West Kimberley region of Western Australia, about 400-500 km (250 to 310 miles) west of Argyle, which closed in November 2020 after 37 years of production.
Formerly owned by Kimberley Diamonds Ltd. and perhaps best known as the mine that supplied Tiffany & Co. with its yellows, Ellendale has been shuttered since 2015.
In late 2019, the Australian government awarded mining claims for the site to two companies, Gibb River Diamonds and another Australian company, India Bore Diamond Holdings.
Burgundy is buying the mining claims that used to belong to Gibb River Diamonds under terms of a $5 million deal reached in March 2021.
Ravenscroft said Burgundy holds the rights for the Blina alluvial deposit and “key parts” of the previous Ellendale Mine leases, including the mine pits (E9 and E4) and stockpiles, as well as the alluvial deposits to the north of E9.
In March 2021, Burgundy made an initial payment of AU$1.7 million ($1.3 million) and issued 4 million Burgundy shares to Gibb River Diamonds.
The company said last week it has made the second payment, AU$1 million ($751,000) and 5 million shares, with a final payment of AU$4 million ($3 million) and 7 million Burgundy shares due March 23, 2023.
If and when Ellendale restarts, it will be Australia’s only operational diamond mine.
More on Sourcing
The Latest
CrimeDec 17, 2025
Man Pleads Not Guilty to Swallowing Fabergé PendantThe special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.
EditorsDec 17, 2025
2025 Jewelry Rewind: The Best Piece of the Week PicksAssociate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.
CollectionsDec 17, 2025
Lucy Hale Stars in Jacquie Aiche’s Holiday CampaignThe “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
GradingDec 17, 2025
SSEF Announces 2025 Scholarship WinnersTwo awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.
Weekly QuizDec 11, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsDec 16, 2025
Pandora’s New CEO Will Step Up EarlyBerta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.
AuctionsDec 16, 2025
Suzanne Belperron, JAR Shine in Sotheby’s First Auctions at New HQSotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
Events & AwardsDec 16, 2025
TJS Now Accepting Scholarship Applications for 2026Winners will receive free registration and lodging for its fourth annual event in Detroit.
ColumnistsDec 16, 2025
Beyond Unboxing: Creative Reveals to Drive Reach and EngagementHere are six ideas for making more engaging content for Instagram Reels and TikTok, courtesy of Duvall O’Steen and Jen Cullen Williams.
Events & AwardsDec 16, 2025
Diamonds Do Good Names 2026 Award RecipientsThe honorees include a notable jewelry brand, an industry veteran, and an independent retailer.
CrimeDec 15, 2025
Men Receive Life Sentences in Home Invasion Murder of Jeweler Carlos Jose Hernandez and Joshua Zuazo were sentenced to life without the possibility of parole in the 2024 murder of Hussein “Sam” Murray.
Policies & IssuesDec 15, 2025
Sara Yood Named Co-Chair of RJC Standards CommitteeYood will serve alongside Eduard Stefanescu, the sustainability manager for C.Hafner, a precious metals refiner in Germany.
IndependentsDec 15, 2025
M.S. Rau to Open Store in AspenThe New Orleans jeweler is also hosting pop-up jewelry boutiques in New York City and Dallas.
AuctionsDec 12, 2025
13.54-Carat Paraíba Tourmaline Sets Records at Christie’sSet in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.
MajorsDec 12, 2025
David Webb Reveals Ice-Cold Holiday Window DisplayThe jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.
CollectionsDec 12, 2025
Piece of the Week: Oscar Heyman’s Sphene RingTake luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.
Events & AwardsDec 12, 2025
IGI Jewelry Design Contest Now Accepting SubmissionsThis year's theme is “Unveiling the Depths of the Ocean.”
TrendsDec 11, 2025
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool BlueIn its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.
GradingDec 11, 2025
GIA to Offer Origin Determination for 3 More GemstonesStarting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.
IndependentsDec 11, 2025
Look Inside Day’s Jewelers’ Ninth StoreThe 111-year-old retailer celebrated the opening of its new location in Salem, New Hampshire, which is its third store in the state.
MajorsDec 11, 2025
Americas Gold Releases New Gold Chain CatalogThe new catalog features its most popular chains as well as new styles.
AuctionsDec 10, 2025
Francis Ford Coppola’s Watch Sells for $10.8MThe filmmaker’s personal F.P. Journe “FFC” prototype was the star of Phillips’ recent record-setting watch auction in New York.
WatchesDec 10, 2025
There’s A New Rolex Boutique in MiamiThe new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.
SurveysDec 10, 2025
Consumer Confidence Drops in November Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.
Events & AwardsDec 10, 2025
MJSA Names 2025 Responsible Design Challenge WinnerSilas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.
AuctionsDec 09, 2025
‘Desert Rose’ Diamond Sells for $8.8M in Abu DhabiThe sale of the 31.68-carat, sunset-hued stone was part of Sotheby’s first series of events and auctions in Abu Dhabi.
