Ellendale supply 50% of world’s Fancy Yellow!
Produced about 1.3 mn cts so far! Recently Gibb River Diamonds Limited-GIB, presented its’ the Annual Report for the year ended 30 June 2020. Gibb River Diamonds said in its Annual Report about Ellendale Diamond Project that, GIB operates its 100% owned Ellendale Diamond Project in the West Kimberley, WA. This project includes the advanced Blina Prospect which represents an exciting opportunity to produce high value Fancy Yellow diamonds. The Ellendale Project has been one of the world’s foremost diamond producers with past production of approximately 1.3 million carats. This included the annual supply of over 50% of the world’s Fancy Yellow diamonds, which were the subject of a special marketing agreement between the former operator and Tiffany & Co. The most advanced prospect at Ellendale is the Blina Alluvial Prospect, which is fully permitted, the major processing plant equipment has already been purchased and the project is ‘shovel ready’. T...