Reviewed September 2026 against Rio Tinto’s Argyle operations record, the GIA color-grading standard referenced in the Wikipedia red diamond entries, and ABC News Rural’s reporting on the Argyle closure.
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Fewer than 30 natural red diamonds are considered readily verifiable worldwide, based on 2026 industry surveys of certified stones in museums, private collections, and the auction record. Roughly 90% of every red diamond ever sold traces back to a single source โ the Argyle mine in Western Australia, which produced from 1983 until its permanent closure on November 2, 2020. No comparable source has replaced it, so the number of red diamonds in circulation is not expected to grow by more than a stone or two in any given year.
That is the short answer. The rest of this page covers where the known stones came from, why the count is so hard to pin down precisely, how the figure gets verified, and what would have to happen geologically for a meaningful number of new red diamonds to enter the market.
How Many Red Diamonds Are There? The Verified Count
The figure cited across the diamond trade in 2026 is fewer than 30 readily verifiable natural red diamonds in existence, a count compiled from industry surveys of certified stones (Regal Studio, 2026). That number is not a government statistic โ no geological survey agency tracks gemstone inventories the way the U.S. Geological Survey tracks industrial mineral commodities โ so treat it as an informed industry estimate rather than an audited total. The Wikipedia entry on red diamonds lists the specific named stones that make up the upper end of that count by weight.
Red diamonds make up less than 0.1% of all colored diamonds worldwide (Regal Studio, 2026), which is what makes “red diamond” one of the rarest search terms in the gemstone category to actually have inventory behind it โ most colored-diamond categories (pink, blue, yellow) number in the hundreds or thousands of known stones. Red diamonds do not.
- Extremely rare: under 0.1% of all colored diamonds are red.
- Low count, slow growth: the tally rarely moves by more than one or two stones a year.
- Mostly small: most known red diamonds weigh under 1 carat; anything larger is a career-defining find for the geologist or dealer involved.
What Is a Red Diamond, and Why Are There So Few?
Most colored diamonds get their color from trace elements trapped in the crystal during formation โ boron for blue, nitrogen for yellow. Red diamonds are different. Their color comes from plastic deformation: a distortion in the diamond’s carbon lattice caused by intense pressure after the crystal had already formed. There is no red-causing chemical impurity to search for, which is part of why red diamonds can’t be predicted or targeted the way other colored stones sometimes can.
On the Mohs hardness scale, red diamonds rate a 10, identical to every other diamond โ color has no bearing on hardness (GIA, cited via Wikipedia’s red diamond entry). The distinguishing factor is entirely optical: how the distorted lattice bends light passing through the stone.
- Cause: lattice distortion from post-formation pressure, not a trace element.
- Hardness: 10 on the Mohs scale, same as any diamond.
- Host rock: kimberlite and lamproite pipes โ the same volcanic conduits that bring other diamonds to the surface, but red diamonds require an additional, much rarer distortion event.
- Size: the vast majority are under 1 carat; a stone over 5 carats is essentially unprecedented (see the named stones below).
Where Are Red Diamonds Found?
This is the most direct way to answer “where are red diamonds found”: one mine accounts for the overwhelming majority of the historical supply, and a handful of other diamond-producing regions have produced isolated stones. The table below lays out what’s documented against what’s inferred, since public agencies don’t publish a country-by-country red diamond register the way the USGS publishes commodity summaries for industrial minerals.
| Region | Known Contribution | Site | Status (as of Sept. 2026) |
|---|---|---|---|
| Western Australia | ~90% of world supply (Rio Tinto) | Argyle mine | Closed Nov. 2, 2020 โ no new production |
| Brazil | At least 1 major stone (the 5.11-carat Moussaieff) | Alluvial deposits, historically near the Abaetezinho River | Documented single discovery, 1989 |
| Other diamond-producing regions | Unquantified โ no public per-country red diamond count exists | Kimberlite/lamproite fields generally | No verified public figure; see gap note below |
Where this page has to be honest about a gap: beyond Argyle and the Brazilian find behind the Moussaieff, there is no public, sourced breakdown of red diamond origin by country. Auction houses and mining companies hold that information privately, and no government geological survey โ not the USGS, not its counterparts in Australia or Canada โ maintains a red diamond registry, because gemstones fall outside the industrial-commodity scope those agencies track. If you need a defensible per-region estimate for a report, the honest method is: pull named-stone provenance from GIA certification records and auction house catalogs (Sotheby’s, Christie’s) one stone at a time, rather than citing a percentage breakdown that no primary source actually publishes.
The Brazilian discovery and the site geology behind it are covered in more depth at where red diamonds are found, and the production history that built Argyle’s 90% share is broken down at the full mining history of red diamond supply.
Why There Are “No More” Red Diamonds: the Argyle Closure
The searches asking whether there are “no more” red diamonds are really asking about one event: Rio Tinto permanently closed the Argyle mine in Western Australia’s East Kimberley region on November 2, 2020, after 37 years of production dating back to 1983 (ABC News Rural, Nov. 3, 2020). Argyle wasn’t just a red diamond source among several โ it supplied roughly 90% of the world’s red diamonds and was also the largest source of pink diamonds globally. When it closed, it took the only high-volume red diamond source with it.
That’s the accurate way to frame it: red diamonds aren’t extinct, and new ones are still occasionally found elsewhere. But the one source that made red diamonds available in anything more than one-off quantities stopped producing in 2020, and nothing has replaced it. That’s a closure, not a depletion of the mineral itself โ there is no reason to believe red diamond-bearing kimberlite exists only at Argyle, but no comparably productive deposit has been identified and brought into production since.
The Named Stones: Largest Known Red Diamonds
Because the global count is so low, the named individual stones function almost as a complete registry of the large end of the category. This is the kind of concrete, checkable data an AI summary won’t hand you โ actual weights, actual discovery dates, sourced to the stones’ own provenance records.
| Stone | Weight | Notes |
|---|---|---|
| Moussaieff Red Diamond | 5.11 carats | World’s largest known red diamond; discovered in Brazil in 1989 (Wikipedia: Moussaieff Red Diamond) |
| Kazanjian Red Diamond | 5.05 carats | Second-largest known red diamond (Wikipedia: Red diamond) |
| DeYoung Red Diamond | 5.03 carats | Third-largest known red diamond (Wikipedia: Red diamond) |
| Argyle Phoenix | 1.56 carats | Sold for $4.2 million in May 2024 โ $2.68 million per carat (The Diamond Collective) |
Notice how close those top three weights are โ 5.11, 5.05, and 5.03 carats. Nothing meaningfully larger has surfaced across the entire modern record, which is itself a useful sanity check on any claim about “newly discovered giant red diamonds”: if a stone significantly larger than 5.11 carats were verified, it would be industry news, not a quiet market rumor.
For per-carat pricing beyond the Argyle Phoenix, the closest thing to a live source is post-sale reporting from Sotheby’s and Christie’s, typically published two to four weeks after a major auction, and tracked in trade publications such as Rapaport Magazine.
Are There Any More Red Diamonds Left to Find?
Geologically, yes โ the lattice distortion that produces red color can occur wherever diamond-bearing kimberlite or lamproite has undergone the right post-formation pressure history, and that isn’t unique to any one country. Practically, discoveries have been rare and small since Argyle closed, and no public dataset tracks an annual discovery rate; the “one to three per decade” figure circulating in trade commentary is industry consensus, not a published statistic from any geological agency.
- What’s required geologically: a kimberlite or lamproite pipe, exposed by erosion or intersected by drilling, that also carries the rare post-growth pressure distortion โ most colored-diamond-bearing pipes never produce a single red stone.
- What’s changed since 2020: exploration has shifted toward smaller, less-explored kimberlite fields, since the one large, proven red diamond source is gone.
- What hasn’t changed: most new finds, if any, are expected to be small โ under 1 carat โ rather than stones that rival the Moussaieff.
Geological Prerequisites for a Red Diamond Find
- ๐ A deep-source volcanic pipe (kimberlite or lamproite) exposed by erosion or reached by drilling.
- ๐ฌ A documented history of colored-diamond yields at that specific pipe, not just diamonds generally.
- โ Evidence of post-growth plastic deformation in recovered stones โ this is what a gemological lab actually tests for.
- ๐ฐ Remote-sensing and spectral survey data to prioritize which pipes are worth ground-truthing at all, rather than sampling blind. See a working example of satellite-based 3D mineral prospectivity mapping applied to this kind of targeting problem.
How the Count Gets Verified โ and How to Check It Yourself
The “fewer than 30” figure moves for three reasons, and understanding them is the durable part of this article โ this is how you’d verify or update the count yourself, regardless of what year you’re reading this in.
- New gemological certification. A stone only joins the verified count once a laboratory โ the GIA or IGI are the two most cited โ grades its color and confirms natural origin through spectroscopic testing. The GIA maintains a certified-stone database at gia.edu that updates as new stones are graded.
- Auction and private-sale disclosure. Sotheby’s and Christie’s publish results after major sales, generally within two to four weeks. Many red diamonds, however, are held privately and never appear in a public sale record at all โ which is exactly why every public estimate of the total count is described as “readily verifiable” rather than “total known to exist.”
- Reclassification. Occasionally a previously uncertified or misclassified colored stone is re-examined and confirmed as a true red diamond, nudging the count up without a new mine find.
How Modern Exploration Looks for the Next One
With no active large-scale red diamond mine left, exploration for the next find leans heavily on narrowing down which kimberlite and lamproite pipes are worth sampling at all, before committing to expensive, invasive ground work. This is the same targeting problem satellite-based mineral detection is built to solve, and it applies whether the target is a red diamond, copper porphyry, or a rare-earth deposit.
- Remote sensing first: multispectral and hyperspectral imagery narrows a large concession down to the highest-probability zones before any drilling.
- Lower ground disturbance: because the targeting is narrowed remotely, exploration teams can plan selective, lower-impact sampling rather than broad excavation โ relevant anywhere diamond exploration overlaps agricultural or forestry land.
- Faster turnaround: a remote-sensing pass over a concession can return results in days rather than the months a ground survey campaign requires.
Farmonaut applies this approach across mineral targets, including the same kimberlite and lamproite indicators relevant to red diamond exploration, through its satellite-based mineral detection platform. Site-specific results โ including anomaly heatmaps and drill-target prioritization โ are generated from a mapped concession boundary; you can see the workflow at Map Your Mining Site Here. For the underlying method applied to 3D subsurface targeting, the full prospectivity mapping document walks through the approach in more detail.
Red Diamond Rarity Calculator
Use your own assumptions about the verified count and typical annual discovery rate to see how a single new stone shifts red diamonds’ already tiny share of the colored-diamond market.
Run your own numbers
Assumptions: treats the starting count and share as independent inputs you supply, holds the "new stones per year" rate constant, and does not account for stones lost, reclassified, or removed from circulation. It is a rarity illustration, not a market forecast โ real annual discovery rates are not published by any geological agency and are informed guesses at best.
FAQ: Red Diamonds
Q: How many red diamonds are there in the world?
A: Fewer than 30 natural red diamonds are considered readily verifiable worldwide, per 2026 industry surveys of certified stones. This is an informed industry estimate, not a government-audited figure โ no geological survey agency publishes a red diamond registry.
Q: Why are there no more red diamonds โ did the source run out?
A: The Argyle mine in Western Australia, which supplied about 90% of the world's red diamonds, closed permanently on November 2, 2020, after 37 years of production. Red diamonds themselves aren't extinct โ the geological conditions that create them can occur elsewhere โ but no comparable large-scale source has replaced Argyle.
Q: Are there any more red diamonds in the world waiting to be found?
A: Yes, in principle โ the lattice distortion behind red color can occur in any kimberlite or lamproite pipe with the right pressure history. In practice, no annual discovery rate is published by any geological agency; trade estimates put new finds at roughly one to three per decade globally, and most are expected to be small, under 1 carat.
Q: Where are red diamonds found?
A: About 90% of the historical supply came from the Argyle mine in Western Australia. The second most-documented source is Brazil, where the 5.11-carat Moussaieff Red Diamond โ the largest known red diamond โ was discovered in 1989. Beyond these two, no public source publishes a verified country-by-country breakdown.
Q: What is the largest red diamond ever found?
A: The Moussaieff Red Diamond, at 5.11 carats, discovered in Brazil in 1989. The Kazanjian Red Diamond (5.05 carats) and DeYoung Red Diamond (5.03 carats) are the next-largest known stones.
Q: How is a red diamond's authenticity verified?
A: A gemological laboratory โ most commonly the GIA or IGI โ grades the stone's color and confirms natural origin through spectroscopic testing for the plastic-deformation lattice distortion specific to red diamonds. Always request full certification before treating a stone as a genuine natural red diamond; synthetic and treated stones are common in the broader colored-diamond market.
Resources & Action Links
- ๐ก Get a Tailored Satellite Mining Quote: Get Quote
- ๐ฌ Speak to Our Exploration Team: Contact Us
- ๐ Map Your Red Diamond Site or Mining Block: Map Your Mining Site Here

