Diamonds are known to be one of the most beautiful creations of nature. While white diamonds themselves are very beautiful, the colored ones are just mesmerizing. Of all the colored variety, the pink diamonds are the ones that garner the most attention. The fact that they are so rare is what makes them command astronomical amounts in the market.
Where are they from?
Where are these pink diamonds found? Well, there are several places where they can be found such as Russia, Canada, Brazil and South Africa, to mention only a few. However, most of these diamonds are mined from the Argyle Mine in Western Australia. The mined is owned by a company called Rio Tinto, with its headquarters in nearby Perth.
These diamonds are cut and polished before they are sold through an exclusive tender. It is not that these diamonds are found by the dozens in the Argyle mine. From every 1 million carats of rough uncut diamonds that are mined here, just 1 carat is suited for commercial sales.
In recent times there has been a spike in interest about these diamonds. Rio Tinto has reportedly opened another mine in the neighboring east Kimberly region in the recent past in order to keep up with the demand.
Costing a fortune
With these diamonds being rare, it is not surprising that they also cost a bomb. Depending on various factors such as cut, size, color, etc., some of these rare diamonds could set you back by a whopping $1,000,000 per carat. In fact, they can cost up to 30 times more than a conventional white diamond. Only rare blue diamonds are known to command that kind of a price. Varying hues of pink do have their impact on the final price. For example, those with a slightly brownish tinge would cost relatively less, while one with a purple tone would have a higher price tag.
How do they get their color?
Deep inside the earth’s crust, there are times when certain particles are trapped during the crystallization process. The ensuing chemical alterations results in rare diamonds which are characterized by their distinct coloring. The different minerals present in the particulate material and their various hues is what results in these beautiful colors. In the case of blue diamonds for instance, the color is because of the presence of boron.
In the case of the pink diamonds, the color is derived due to a combination of heat and high pressure prevalent in certain depths of the earth’s crust. This is also the case with ultra-rare red diamonds too, where the same conditions result in the deeply colored diamonds.
