2.7.07

Where Diamonds are Mined

Argye mine located in the Kimberley region in the far north east of
Western Australia. Owned by Rio Tinto, this mine is the world’s
largest single producer of volume of diamonds. However, due to
low proportion of gem quality diamonds it is not the value leader.
It does produce 90-95% of the world’s supply of pink diamonds.

Diavik is also owned by Rio Tinto, located in Canada it is a very
large mine. It is located north of Yellowknife and south of the
Artic Circle on an island. The island is connected by an ice road.
It is also an important part of the regions economy employing
more than 700 people and producing more than 8 million carats
annually.

Ekati diamond mine is owned by BHP Billiton and located south
of the artic circle in the Northwest Territories of Canada. The
Ekati is Canada’s first operational diamond mine.Diamonds mined
here are sold under the Aurias trade name Authenticity is verified
through CanadaMark service. CanadaMark service is also owned
by BHP Billiton Diamonds, Inc.

Baken diamond mine is located along the lower Orange River in
South Africa. It is owned and operated by Trans Hex.The average
size stone for 2004 was 1.29 carats.In 2004, this mine produced a
78.9 carat D color flawless diamond that sold for more than 1.8
million dollars (US), as well as a 27.67 pink diamond that was sold
for over 1 million US dollars.

Merlin is the second of only two diamond mines in Australia. No
longer operating it was owned by Rio Tinto and sold to Striker
Resources, who has explored the possibilities of reopening the mine.

Orapa is the world’s largest diamond mine. It us located 240 Km
west of Francistown. The mine is owned by “Debswana” which is a
partnership between DeBeers and the government of Botswana.
This mine operates 7 days a week. It maintains pre primary and
primary schools for its employee’s children. There is also a 100
bed hospital and game park. This mine began production in 1971
and is the oldest mine owned by the Debswana Company.

The Premier mine located in Cullinan, South Africa produced the
largest gem diamond ever in 1905. The Cullinan Diamond weighed
3,106.75 carats. This mine also produced the Golden Jubilee diamond
which weighed 545.67 carats. This mine is owned by the De Beers
Company and was renamed The Cullinan Diamond Mine in 2003 in
celebration of its centennial.

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