Rio Tinto has showcased its rare pink, red, violet and blue diamonds from the Argyle mine in Western Australia virtually to a group of collectors, connoisseurs and luxury jewellery houses. The 2020 Argyle Pink Diamonds Tender is a collection of the rarest diamonds from this year’s production of precious gems produced at the east Kimberley, … Read more
The world’s second-largest miner, Rio Tinto (ASX, LON, NYSE: RIO), announced that Hong Kong-based coloured diamond specialist Kunming Diamonds is now one of the company’s 13 authorized partners for Argyle pink diamonds. In a press release, Rio said this means Kunming will be entrusted with the care and custody of the gems. Established in 1987, … Read more
The price of super-rare pink diamonds is to set to rocket with the forthcoming closure of the Argyle mine in Western Australia, which has been responsible for 90 per cent of world supplies. Owners Rio Tinto plan to cease production by the end of 2020, when economically-viable reserves will run out.The value of pink diamonds … Read more
FANCY PINK DIAMONDS soared 116% in value over the past decade, outpacing blues (81%) and yellows (21%), according to a report by the Fancy Color Research Foundation (FCRF), an Israel-based group that tracks diamond pricing data in the global trading centers of Hong Kong, New York and Tel Aviv. While the overall index for fancy-color … Read more
The Argyle Pink Everlastings™ Collection comprises 64 lots and weighing a total of 211.21carats
Rio Tinto’s fading Argyle diamond mine looks set to go out on a high, after posting its best financial performance in years. Diamond markets are notoriously opaque, and Argyle’s performance cannot be gleaned through the financial results Rio reports every six months. But new filings with the Australian Securities and Exchange Commission (ASIC) reveal revenues … Read more
