Business
Rare WA pink diamond mine supplying 90 per cent of world’s coloured diamonds closes – Sydney Morning Herald
The iconic Argyle diamond mine in Western Australia’s Kimberley region has closed down after 37 years of operation.
“Fifty years ago there were very few people who believed there were diamonds in Australia even fewer could have foreseen how the Argyle story would unfold,” he said.
“To arrive at this final chapter has required vision, courage and determination to overcome significant challenges to enter new territory in diamond exploration, mining and marketing.”
The Argyle orebody was discovered in 1979 and since operations began in 1983 it has produced 865 million carats of rough diamonds. Open-cut mining began…
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