Diamond Tools, used in natural stone cutting, is produced commonly by powder metallurgy with Spark Plasma Sintering (SPS) and/or Conventional Sintering (CS). Co is generally used as metal matrices because of their bonding strength and optimum wear rate. However, because of cobalt's high prices, other alloying elements are also used to decrease the cost of diamond tools. Aim of this study is to compare mechanical, physical, microstructural properties of diamond cutting tools made of Co-Ni-Cu-Sn matrix, produced by Spark Plasma Sintering and Conventional Sintering. Spark Plasma Sintering performed at 850 degrees C and Conventional Sintering performed at various temperatures (between 950 and 1150 degrees C) and times (1 to 4 hours). Then various properties (density, hardness, compression strength) of Conventional Sintered and Spark Plasma Sintered tools were investigated and compared. The experimental results showed that SPS tools have much better properties than CS tools.