First Diamond Recovered From Burgundy’s Ellendale Restart
Burgundy also announced the retail launch of its diamond brand, Maison Mazerea.

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.”
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.
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

In 2026, the jewelry retailer is celebrating a milestone only a small percentage of family-owned businesses survive to see.

The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.

The retailer also gave an update on its vendor partnerships.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The award-winning actress is the “epitome of modern allure,” the brand said.


The “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.

The unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Bulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.

Awards were given to four students, one apprentice, and an emerging jeweler.

The top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.

Moses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.

Increased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.

The earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.

“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.

Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.

The ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

The annual event will be held in Orlando, Florida, from Sept. 14-17.

The “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.

This year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.

Beverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”

Kering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Nearly half of buyers are prioritizing silver and fashion collections this season, organizers said.

The “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.

The precious metals provider has promoted Jennifer Ashworth to the role.






















