Sourcing

First Diamond Recovered From Burgundy’s Ellendale Restart

SourcingSep 22, 2022

First Diamond Recovered From Burgundy’s Ellendale Restart

Burgundy also announced the retail launch of its diamond brand, Maison Mazerea.

20220922_Burgundy polished.jpg
Burgundy produced these polished diamonds at its facility in Perth. The Australian mining company recently announced the recovery of its first diamond at Ellendale and the retail launch of its diamond brand, Maison Mazerea. (Photo courtesy of Burgundy Diamond Mines Ltd.)
Perth, Western Australia—Burgundy Diamond Mines Ltd. is inching closer to reopening the Ellendale Mine in Western Australia, a once-significant source of yellow diamonds that’s been closed since 2015.

The Australian mining company said earlier this year it expects to start commercial production at the mine by the end of 2022.

On Sept. 8, the Australian mining company announced the recovery of its first diamond from Ellendale, a 1.51-carat fancy yellow octahedral (pictured below) found at the Blina alluvial project.

It reiterated its assertion that production will start in Q4.

A full-year production forecast is not yet available, though a spokesperson for the mine noted, “the recovery of the first diamond at Ellendale within the first weeks of operations is a very promising sign.”

20220922_Ellendale restart first diamond.jpg
Photo courtesy of Burgundy Diamond Mines Ltd.

Burgundy holds the rights to the Blina alluvial project as well as “key parts” of the Ellendale Mine. 

Burgundy Managing Director Peter Ravenscroft, a former Rio Tinto executive, said in an interview earlier this year that it plans to begin mining at Blina and expand from there.

Commenting on the find in a news release, he said: “The first diamond recovered at Blina is an example of the potential quality of product from the Blina alluvials and the wider Ellendale project, and we look forward to building toward commercial production of these exquisite fancy yellow diamonds.” 

Two weeks after finding that first diamond, Burgundy announced it had started selling diamonds under the brand name it created for Ellendale production, Maison Mazerea, at Australian independent Solid Gold Diamonds.  

Solid Gold has two stores, one in Perth, Western Australia, and the other in Adelaide, South Australia. 

Stage one of the partnership between the miner and the retailer has Solid Gold Diamonds selling engagement rings set with Maison Mazerea-branded diamonds. 

Stage two, which is set to launch next month, will see Burgundy and Solid Gold collaborate on a fine jewelry collection.

 Related stories will be right here … 

The diamonds currently being sold under the Maison Mazerea name are stones Burgundy purchased from other companies, including the approximately 350 carats mined at Ellendale in 209 that it bought in September 2021, and the 150 carats of fancy yellows from Arctic Canadian Diamond Company Ltd. it purchased in January.

Burgundy’s long-term ambition is to build what Ravenscroft describes as an “end-to-end” diamond company—it will mine yellow diamonds at Ellendale, have them cut at its facility in Perth by cutters from Rio Tinto’s now-closed Argyle Diamond Mine, and set into jewelry sold under the Maison Mazerea name.

It said it is working on developing sales agreements with other jewelers and watchmakers worldwide and anticipates future supply will be a mix of diamonds mined at Ellendale and stones purchased from other companies.

The mine spokesperson said it plans to hold a launch event for Maison Mazerea in New York in the coming months, adding that, “the U.S. market is a key market for Burgundy and Maison Mazerea.”

Editor’s note: The headline of this story was corrected post-publication to clarify that the 1.51-carat diamond was the first diamond that Burgundy Diamond Mines Ltd. recovered, not the first diamond recovered from the Ellendale restart overall.  

The Latest

Stock image of police crime scene tape
CrimeApr 24, 2024
Jewelry Crime Declines Significantly, But Dollar Losses Remain High

A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.

Kirsty Hume models Pippa Small Venus collection
CollectionsApr 24, 2024
Pippa Small Announces ‘Venus’ Collection

Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.

Pomellato Pom Pom Dot necklaces
FinancialsApr 24, 2024
Kering’s Jewelry Brands a Bright Spot in Tough Q1

The luxury titan posted declining sales, weighed down by Gucci’s poor performance.

1-(3.18).JPG
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry Retail

With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.

JCK Industry Fund Logo
Events & AwardsApr 24, 2024
JCK Industry Fund Announces 2024 Grant Recipients

The selected nine organizations have outlined their plans for the funds.

Weekly QuizApr 19, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these seven questions.
Take the Quiz
Rolex Oyster Perpetual Deepsea in 18-karat yellow gold
WatchesApr 24, 2024
These Are Rolex’s New Watches for 2024

The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.

National Jeweler columnist Emmanuel Raheb
ColumnistsApr 23, 2024
The Smart Lab: Advanced Email Marketing Strategies for Mother’s Day

Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.

Jewelers of America Fly In Washington, D.C.
Brought to you by
How Jewelers of America Represents Your Business

For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.

Hannoush Jewelers Queensbury NY location
IndependentsApr 23, 2024
Hannoush Jewelers Opens New Store in New York

Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.

William Ruser: The Jeweler Who Charmed Hollywood book cover
GradingApr 23, 2024
GIA Has a New Book About William Ruser

Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.

Adam Levine and Behati Prinsloo modeling Jacquie Aiche’s Rebel Heart collection
CollectionsApr 22, 2024
Jacquie Aiche’s New Campaign Stars Adam Levine, Behati Prinsloo

The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.

American Gem Society Conclave logo 2024
EditorsApr 22, 2024
The 22 Best Quotes from AGS Conclave 2024

Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.

Virtual Diamond Boutique
SourcingApr 22, 2024
Virtual Diamond Boutique Rebrands as ‘VDB’

The overhaul includes a new logo and enhanced digital marketplace.

Signet Jewelers employees and St. Jude Children’s Research Hospital
MajorsApr 22, 2024
Signet Raises Nearly $9M for St. Jude Children’s Research Hospital

The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.

Retrouvaí’s Treasure Necklace
CollectionsApr 19, 2024
Piece of the Week: Retrouvaí’s Treasure Necklace

A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.

Stock image crime handcuffs
CrimeApr 19, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO Show

Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.

China Pearl collage
MajorsApr 19, 2024
Unique Designs Acquires China Pearl

The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.

Printed and digital AGS Ideal grading reports
GradingApr 19, 2024
AGS Ideal Report Now Available in Printed Form

From now through mid-May, GIA will be offering the reports at a 50 percent discount.

Stock image of a polished diamond in tweezers
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic Uncertainty

De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.

LVAJWS24_carousel_images_1872x1052_1.jpg
Supplier BulletinApr 18, 2024
Discover History’s Hidden Gems at the Las Vegas Antique Jewelry & Watch Show

Sponsored by the Las Vegas Antique Jewelry & Watch Show

Kelly Yoch
WatchesApr 18, 2024
Watch E-tailer Collectability Hires Kelly Yoch

The Patek Philippe expert will serve as personal curator for the brand-focused company.

Interior of TAG Heuer Boutique on Carnival Cruise Ship
WatchesApr 18, 2024
TAG Heuer Opens Its Largest Standalone Boutique at Sea

The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.

 Stock image of a gavel
Policies & IssuesApr 17, 2024
NDC Prevails in U.K. Case Over Lab-Grown Diamond Advertising

NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”

John Carter, 2024 Shipley Award winner
Events & AwardsApr 17, 2024
And the 2024 Winner of the Shipley Award Is …

John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.

Visual from Tiffany & Co.’s With Love Since 1837 campaign
FinancialsApr 17, 2024
LVMH’s Q1 Jewelry Sales Fall 5%

LVMH said the company performed well despite an uncertain geopolitical and economic environment.

 B&D ribbon cutting in RI
MajorsApr 17, 2024
Stuller’s B&D Opens New Headquarters

B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.

Model Wearing Eat Cake Collection
CollectionsApr 16, 2024
Akaila Reid Launches ‘Eat Cake’ Collection

It’s ultra-feminine and filled with gold, pearls, and soft pastels.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy