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Diamond Mining In a Modern World

coal and diamond mining

Diamond Mining In a Modern World

by | Aug 29, 2016 | blog, Diamond Buyer, diamond buying and selling, Diamond Care, M.I. Trading tips, tips

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Diamonds are the most popular gemstone all over the world.

Why Do We Mine Diamonds?

Diamonds are most definitely the favorite gemstone of all, especially among jewelry shoppers in the United States and throughout the world. The United States is the largest consumer of diamonds in the world accounting for almost 40% of Diamond purchases. So what is the process of diamond mining? Where exactly are they found in the ground? And how far do miners have to go to find them?

Well, as your top choice for Austin Diamond Buyers, we are here to share all the industry secrets with you. And if you remember our earlier post on how we Eliminate the Middleman, then you will remember that we also provide the best prices for your diamonds.

Now, back to the mines…

Diamond Mining in the United States

Even though the United States is the largest consumer of gem-quality diamonds, there is no commercial mine production in the US. The only mine in the US that produces gem-quality diamonds is The Crater of Diamonds State Park in Arkansas, where guests can pay a small fee to mine for diamonds inside the park. And best of all, the rule of “finders keepers” applies here.

How are Diamonds Mined?

The process of diamond creation begins 100 miles underground where tremendous heat and pressure crystallize carbon into rough diamonds. Since the 1870s, most of the world’s gem-quality diamonds have been mined in Africa. Today, Diamond mining is also common in Russia and Canada and continues to grow. Pit-mining is the most popular way to recover diamonds. Pit mining requires the use of heavy machinery, hydraulic shovels, and trucks to mine diamonds from the depths of kimberlite pipes.

Another common mining method is open-pit mining which is possible only when diamonds are found on the surface. Diamonds are also mined from the seabed using horizontal and vertical marine mining. Mining from the sea requires going to depths of up to 1,000 meters.

Diamonds have been on the Earth for more than a million years…

Rough Diamonds

After diamonds are mined they are put in categories and are measured, weighed, and sorted before cutting them. Diamonds are then sorted again by weight, color, and clarity. Rough diamonds are sorted into three categories gem quality, industrial quality, and boart. Once this whole diamond sorting process is complete, the diamond cutting process begins.

Diamonds are valued based on numerous factors known as the 4C’s of diamond grading. When you come to us to sell your diamonds we’ll explain to you the whole process and help you get the best price.

Diamond mining is a long process that started millions of years ago. At M.I. Trading LLC, we’ll buy your diamond no matter which diamond mining process it went through to get to you. We are your premier diamond buyer in Austin, Texas. Bring your diamond in for a no obligation appraisal today.

If you enjoyed this post, you’ll love our post on how to spot a fake diamond! 

The owner was very knowledgeable about not only gold but silver and miscellaneous jewelry as well. He carefully evaluated the many items I had collected from my mother's estate and then sorted them into groups depending upon their value. After spending approximately an hour evaluating the items I brought him he determined the value and wrote us a check in an amount that I felt was extremely fair.
Richard B.
4/09/2026
Moran was awesome, We have a great conversation and good business, definitely a great place to deal with, highly recommend.
Jose P.
2/27/2026
Very fair price. Same day pay. Friendly and Great service!:) Definitely recommend. The process was simple, easy, and fast.
Gracyn N.
2/27/2026
I’ve taken rings to Moran on two separate occasions and both times I was not disappointed. Last year, I had a family heirloom ring that I was hoping to sell. I brought in and after close examination he purchased it on the spot for a price that was more than fair.
Then last week, I brought in a 14k ring that turned out to be cubic zirconia. I wouldn’t have wasted his time if I’d known that it wasn’t real. He was very kind about it and offered to buy the gold, which proved to be well worth the trip.
He's extremely knowledgeable and efficient. It is not a long and tedious process.
Almost as important, he is a super nice guy, which made for a very pleasant experience each time.
Moran is honest and trustworthy and I highly recommend him if you need to sell any diamond jewelry.
Mack K.
2/08/2026
It's always a pleasure to work with Moran! He's honest, knowledgeable, personable, and an attentive listener. He's also happy to share his insights about the industry and take his time to educate his customers so they feel comfortable throughout the process. I highly recommend working with Moran!
Shanda H.
2/06/2026
Had such a great experience with Moran. Very fair. No games. Very knowledgeable!
Jackie H.
2/03/2026
MI Trading was an exceptional experience. Moran is professional, courteous, and very knowledgable. I highly recommend this company.
Mari W.
2/03/2026
Moran was an absolute pleasure to work with. It was easy to call and set an appointment. He looked over my items carefully, had deep knowledge of the market, calculated a fair price, and wrote me a check on the spot. I would definitely go here again with other jewelry I'm ready to let go of.
Erin R.
1/28/2026
Moran have us the best price for the items at brought in. He is cordial and professional and I will be returning to MI Trading if I want to sell anything else.
Haydee M.
1/27/2026
M I Trading was an absolute pleasure doing business with. Moran took the time to discuss his industry and made me feel as an equal. Negotiations were very transparent and we had no qualms after discussing our specific concerns. I will seek to do business with him in the future. Highly Recommend!!!
Connie N.
1/23/2026

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