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
CollectionsJan 08, 2026
Pandora’s New ‘Bridgerton’ Jewels Celebrate Bees, Bows, and Blooms“Bridgerton” actresses Hannah Dodd and Claudia Jessie star in the brand’s “Rules to Love By” campaign.
Events & AwardsJan 08, 2026
Ana Khouri To Receive 2026 Gem Award for High Jewelry ExcellenceFounded by jeweler and sculptor Ana Khouri, the brand is “expanding the boundaries of what high jewelry can be.”
TrendsJan 08, 2026
Stuller’s Color of the Year Is a Stark Contrast to Pantone’s WhiteThe jewelry manufacturer and supplier is going with a fiery shade it says symbolizes power and transformation.
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.
CollectionsJan 08, 2026
Gracie Abrams To Front New Chanel Jewelry CampaignThe singer-songwriter will make her debut as the French luxury brand’s new ambassador in a campaign for its “Coco Crush” jewelry line.
Weekly QuizJan 08, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsJan 08, 2026
Diamond Council of America Names New Board DirectorsThe nonprofit’s new president and CEO, Annie Doresca, also began her role this month.
ColumnistsJan 07, 2026
Peter Smith: Physical Retail—The Beginning or the End?As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
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 & AwardsJan 07, 2026
Melee Adds 13 New Designers to NYC ShowThe trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.
TrendsJan 07, 2026
Amanda’s Style File: Go for GarnetJanuary’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.
CrimeJan 06, 2026
2 Jewelers Arrested After TraxNYC Diamond District BrawlFootage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.
MajorsJan 06, 2026
Rio Grande Says These Are the Top Personalization Tools for 2026The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.
MajorsJan 06, 2026
Zales Tests Out A New LookThe Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”
MajorsJan 06, 2026
LeachGarner Appoints New Director of SalesLinda Coutu is rejoining the precious metals provider as its director of sales.
TrendsJan 05, 2026
Amanda’s Style File: New Year’s EditionSparkle with festive diamond jewelry as we celebrate the beginning of 2026.
IndependentsJan 05, 2026
Jeweler Ben Nighthorse Campbell Dies at 92The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.
TrendsJan 05, 2026
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.
MajorsJan 02, 2026
Marc Metrick Out as CEO of Saks Global Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71Mohr had just retired in June after more than two decades as Couture’s retailer liaison.
SourcingJan 02, 2026
IDCA Elects New President, Board of DirectorsShekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to ResilienceThis year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.
EditorsDec 31, 2025
The Top 5 Stories of 2025Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail AcademyAs part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.
SourcingDec 30, 2025
India Chosen as KP Chair for 2026It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western FlairThe new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in FloridaIts residency at Yamron Jewelers will run through May 2026.
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.
