What are Polar Bear Diamonds?

The distinctive Polar Bear Diamonds, which are laser engraved with a microscopic-sized polar bear, are the most recognizable diamond brand in the country. The unique branding is a symbol that they are both Canadian and conflict-free.

Where are polar bear diamonds mined?

The diamonds that will carry the NWT polar bear are mined at Ekati and will be cut and polished by Yellowknife’s fledgling manufacturing industry, which will soon include three firms employing about 100 people. Two of the firms already have their own private hallmarks.

How much is a polar bear diamond worth?

The Polar Bear diamonds are real “Canadiana”.” $8,250.00 CAD appraised by local Vancouver appraiser Estela Pelegrin.

Do all Canadian diamonds have a polar bear?

Many diamonds mined in Canada are documented and have their certificate number laser inscribed on the girdle with a trade logo such as maple leaf, polar bear and CanadaMark to name a few. This assures consumers of their diamonds origin.

What is special about Canadian diamonds?

Canadian diamonds are highly regarded because Canadian diamond mines have some of the world’s highest environmental standards. They are also conflict-free, having undergone a certification process that allows the stones to be tracked from mine through manufacturing, wholesaling and to the retail consumer.

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Are Canadian diamonds?

Simply put, Canadian diamonds come from Canadian Mines! Canada has become one of the major diamond producing nations, with a vast potential of undiscovered natural wealth. … Canadian diamonds are laser inscribed with a unique identification number and maple leaf to guarantee its Canadian authenticity.

Are Canadian diamonds more valuable?

Are Canadian diamonds more expensive? The cost of the Canadian diamond is slightly more expensive than regular diamonds, which are mined in other countries. Jewelers will decide if the premium should be passed on to their buyers, or absorbed by them.

How can you tell if a diamond is ethical?

There are strict labor and environmental standards for a diamond to be considered as ethically-sourced. Fair wages and safe working conditions must be met. Child labor should not be used. Mining companies must implement rigorous practices that protect local ecosystems.

How much does a 1 carat diamond cost in Canada?

Price of 1 Carat Diamonds

The price of a 1 carat diamond is between $1,300 and $16,500, depending on factors such as the diamond’s cut quality, clarity, color and shape.

Who owns Canadian diamond mines?

Rio Tinto is now the sole owner of one of Canada’s biggest diamond mines. The company announced Thursday it has completed a transaction to acquire Dominion Diamond Mine’s 40 per cent share of Diavik Diamond Mine, located about 300 kilometres northeast of Yellowknife.

Why is it so hard to find diamonds in Canada?

Whether a diamond mine makes money or not comes down to three variables: production costs, the grade and size of the deposit, and the price the diamonds fetch on global markets. In recent years, all of these have conspired to bring the Canadian industry to its knees.

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