$127m Diamond Loss for Rio Tinto

Rio Tinto reported a $127m loss for 2024 from its Diavik diamond mine, in Canada, as weak market conditions led to “fixed cost inefficiencies”.

Rio Tinto’s Unique $1.24m Midnight Sun Diamond Ring

Pink and yellow diamonds from two iconic Rio Tinto mines – Argyle and Diavik – have been brought together to create a unique ring. It’s called Diavik Midnight Sun and has been valued at $1.24m. An 18.08 carat fancy intense yellow oval diamond from Diavik, in sub-Arctic Canada, contrasts with an intricate setting of rare … Read more

Rio Tinto dazzles in Antwerp with its finest Argyle pink, red and blue diamonds

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