Diamond

  • Argyle in Western Australia is the only diamond mine in Australia. It produces over 90 per cent of the world’s pink diamonds.
  • Australia is one of 80 countries in the Kimberley Process Certification Scheme (KPCS), a joint government, industry and civil society initiative designed to stem the flow of conflict diamonds.
  • Since the inception of the KPCS in 2003, trade in conflict diamonds has fallen from around 15 per cent of all rough diamonds traded internationally to around 0.7 per cent.

Diamonds are composed of carbon and form 150–200 kilometres below the Earth’s surface at high temperatures and pressures.

Australia is a producer of rough diamonds—those yet to be cut and polished and can be used as gem stones in jewellery. As the hardest natural substance, diamonds also have industrial applications in cutting, grinding, drilling and polishing.

Australia produces approximately 90 per cent of the world’s pink diamonds.

Australia is a member of the Kimberley Process Certification Scheme (KPCS), an international commitment to remove conflict diamonds from the global supply chain. Members of the KPCS account for 99.8 per cent of worldwide trade.

Under the Australian Government’s commitment to KPCS, export permits are required to ensure rough diamonds originating from Australia are appropriately identified.

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