Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine. The Australian miner offered 70 rare pink and red diamonds at the last-ever edition of the tender, which follows Argyle’s closure in November 2020. The “historical” collection, called The Journey Beyond, comprised the final … Read more
Rio Tinto’s final Argyle Pink Diamonds Tender collection of rare pink, red, blue and violet diamonds is being showcased to connoisseurs, collectors and luxury jewellers in Antwerp, Belgium. The Argyle Pink Diamonds Tender, an annual invitation-only event for the past 38 years, is widely considered to be the most anticipated diamond sale in the world, … Read more
Rio Tinto has unveiled a preview of its final showcase of rare Argyle pink, red and blue diamonds from its iconic mine in the remote east Kimberley region of Western Australia. Mining ceased at Argyle on 3 November, 2020 and the 2021 Argyle Pink Diamonds Tender is the final collection of the rarest diamonds from … Read more
Pink and red diamonds are among the most special gems in the world. The value of these highly sought-after natural stones speaks for itself, but their rarity has arguably increased since the closure of Rio Tinto’s Argyle mine. The asset, which ceased mining activity on November 3, 2020, had been in operation since 1983. In … Read more
Introducing the Argyle Mine Over 90% of the world’s annual natural pink diamond supply is mined from one single source: Rio Tinto’s Argyle mine in Western Australia. The mine has been in operation since the early 1980’s, and is scheduled to completely cease all mining operations by 2021 due to exhausted supply. In anticipation of … Read more
Pink diamonds, already rare, are about to get scarcer as Rio Tinto has closed its iconic Argyle diamond mine, the world’s biggest and the main global source of high-quality pink diamonds. Since opening its doors 37 years ago, the Western Australia mine produced 865 million carats of rough diamonds and became the source of about 90% of the … Read more
Rio Tinto will dig the last diamonds up from the ground at its Argyle deposit in Australia on Tuesday, marking the end of an era in the industry. The company will continue to sift through ore at the adjacent processing plant until December, and will hold the final rough sale at the end of that … Read more
Australian Diamond Portfolio is set to showcase a selection of the last pink diamonds to be unearthed in Australia before Rio Tinto closes the Argyle mine in Western Australia. It is rumoured that final excavation at the Argyle mine will take place on November 2. Sydney-based Australian Diamond Portfolio will curate a set of pink … Read more
Rio Tinto will launch a tender of large rough diamonds, including the last of its special stones from the Argyle deposit in Australia. The miner will feature 28,399 carats of special-sized rough — weighing more than 10.8 carats — from Argyle at the sale, which will take place in October and November, Rio Tinto said … Read more
India’s super rich are rushing to grab an Argyle pink diamond before the primary source of rarest pink diamonds in the world for the last four decades, Rio Tinto’s Argyle mine in Australia closes down operations by the end of the year. Diamond traders said demand for Argyle pink diamonds has shot up by three … Read more