Showing posts with label Argyle. Show all posts
Showing posts with label Argyle. Show all posts

Thursday, 23 April 2026

The Argyle Phoenix Sets Historic Benchmark as Antwerp Trade Rebounds

 

The Argyle Phoenix Redefines Rarity at Auction

The Argyle Phoenix Redefines Rarity at Auction

At the 2024 Phillips Geneva Auction, the extraordinary Argyle Phoenix Diamond achieved a landmark result, selling to renowned diamantaire Laurence Graff for CHF 3.8 million (approximately USD 4.2 million). This equates to an exceptional USD 2.7 million per carat more than double its pre-sale estimate.

The result established two significant auction records simultaneously: the highest price ever achieved for a fancy red diamond and the highest price per carat for any diamond of its kind at auction.

For Graff, whose career has been defined by acquiring the world’s most exceptional gemstones, the purchase is emblematic. Stones of this calibre particularly natural reds are not simply rare; they are effectively non-recurring assets in the global market.


The Rarest of the Rare: Natural Red Diamonds

To understand the significance of the Argyle Phoenix, one must place red diamonds within the broader hierarchy of gemstone rarity.

According to the Gemological Institute of America, fewer than 0.4% of all diamonds graded over the past two decades qualify as “fancy colour.” Within this already rare category, red diamonds stand alone at the pinnacle. Fewer than thirty true natural red diamonds are believed to exist worldwide not annually, but in total known supply.

Unlike other fancy colour diamonds, which derive their hues from trace elements, red diamonds owe their colour to a phenomenon known as crystal lattice distortion. Under extreme geological conditions, the atomic structure of the diamond is altered, affecting how light is absorbed and reflected. While similar processes produce pink diamonds, red diamonds represent the most intense and rare expression of this structural transformation.

The rarity is so profound that scientific study remains limited; nature produces these stones too infrequently for comprehensive analysis. As such, natural red diamonds remain among the least understood and most coveted gemological phenomena.


Antwerp Diamond Trade Shows Signs of Recovery

Meanwhile, the global diamond trade is demonstrating early signs of stabilisation, particularly in Antwerp, historically one of the world’s most important diamond centres.

Antwerp Diamond Trade Shows Signs of Recovery

Figures released by the Antwerp World Diamond Centre indicate that total diamond trading volume rose by nearly 20% in the first quarter of 2026 compared with the same period in 2025. This marks a continuation of the recovery that began cautiously in late 2025.

CEO Karen Rentmeesters attributes the improvement to a combination of structural reforms and shifting geopolitical dynamics. Measures such as streamlined visa processes for international traders and the formal recognition of diamond cutters and sorters as critical occupations have enhanced Antwerp’s competitiveness.

Additionally, increased cooperation between Belgian and broader European institutions has reinforced the trading hub’s stability and appeal.


Geopolitical Shifts Reshape Trade Flows

Global geopolitical tensions are also influencing the movement of diamond trade activity. Ongoing instability in the Middle East has made alternative centres, such as Antwerp, more attractive to international diamantaires seeking operational certainty.

This shift is further supported by notable supply-side developments, including large-scale auctions such as those conducted by Congolese producer SACIM, which recently sold over 288,000 carats of rough diamonds in Antwerp.


Market Pressures Persist

Despite improving trade volumes, pricing remains under significant pressure. Rough diamond prices declined by approximately 27% in the first quarter of 2026 compared with the previous year.

This downturn is primarily driven by subdued demand for polished diamonds, compounded by the growing market share of synthetic alternatives and residual inventory build-up following the 2022 market peak.


DCLA Perspective

From a DCLA standpoint, the divergence within the diamond market is becoming increasingly clear. At the very top end, ultra-rare natural diamonds such as the Argyle Phoenix continue to command record-breaking prices, driven by extreme scarcity and collector demand.

Conversely, the broader commercial market faces structural challenges, including shifting consumer preferences and increased competition from lab-grown diamonds.

This bifurcation underscores a critical trend: rarity, provenance, and natural origin are becoming more important than ever in defining long-term value within the global diamond industry.

Source: DCLA

Sunday, 30 March 2025

Guilty: Deloitte Director Bought Pink Diamonds on Company Credit Card

A former director of the Deloitte auditing company in Australia has admitted claiming almost AUD 2.8m ($1.8m) in fraudulent work expenses to buy pink diamonds, high-end art and other luxuries.

Melbourne, Australia – County court building

A former director of the Deloitte auditing company in Australia has admitted claiming almost AUD 2.8m ($1.8m) in fraudulent work expenses to buy pink diamonds, high-end art and other luxuries.

Paul Quill, 45, used his corporate credit card to make the purchases from 2016 to 2022, passing some of them off as payments for stationary, postage, photocopying and court fees. He admitted two counts of obtaining financial advantage by deception.

The County Court of Victoria, in Melbourne, heard last Thursday (27 March) that among the sums stolen was AUD 682,587 ($429,000) from Joe Gutnick’s Merlin Diamonds, the mining company that was wound up in 2020 after a series of losses.

The court heard that Quill lost control after the breakdown of a relationship. He will be sentenced on 15 April.

He was dismissed in 2022 after his crime was revealed during a routine audit. Deloitte said at the time that it would make sure all clients were repaid in full.

Source: IDEX

Tuesday, 15 October 2024

Rio Tinto buys back famed Argyle pink and red diamonds for latest tender due to dwindling stockpile

Rio Tinto buys back famed Argyle pink and red diamonds

A select few with deep pockets are rolling into Perth to snap up the latest collection of Argyle diamonds, as unsold inventory of the ultra-rare gems whittles down to a “teaspoon”.

A top secret location in the CBD this week will host prospective buyers from Australia and overseas vying for 76 polished pink, red, and other coloured diamonds — predominantly unearthed at Rio Tinto’s shuttered Argyle mine in the east Kimberley region.

Argyle operated for 37 years up until 2020, and about 95 per cent of the world’s circulation of pink and red diamonds can be traced back to the mine.

Each carat of an Argyle pink or red can easily fetch a multi-million-dollar sum. Earlier this year a 1.56ct Argyle red sold for $US4.3 million ($6.4m) in Geneva, equating to $US2.7m a carat. One of the pinks in the latest collection weighs 2.63ct.

But not all of the famed gems sold are destined for an extravagant jewellery piece, with many opting to keep their purchase locked away in a vault as an investment.

“We have seen double digit price growth year on year for the past 20 years . . . and we seeing demand continue unabated for these stones,” Rio Tinto diamond sales and business development manager Michelle Sherring told The West Australian.

“The constrained supply means the value of pink diamonds has eclipsed any kind of comparable equity indices, like the Dow Jones and Hang Seng et cetera, over the years.”

Since mining ceased at Argyle Rio has touted each of its annual tenders for the diamonds as being one of the last.

“We now have a mere teaspoon (of unsold Argyle pinks and reds) remaining within our own inventory,” Ms Sherring said.

Stockpiles are now so low that for the first time ever the collection includes diamonds Rio has bought back from customers.

“Including the secondary market is a new concept for this year, we have very strong relationships with our long running customers,” Ms Sheering said.

“So I approached a handful of them at the beginning of the year in terms of the concept and we have over these years understood where some of the important diamonds sit and which safes they might be held in.

“It was a process of curation, and ultimately, what we have is a set of seven round diamonds which represent the real pinnacle of rarity.”

Of the 76 stones in the latest collection, 74 are from Argyle — the pink, red and blue diamonds — while the remaining two are a yellow and white diamond sourced from Rio’s Daivik mine in Canada.

Rio is displaying the collection — comprising 48 separate lots and weighing a combined 39.44 carats — on an invite-only basis in Perth, London, Singapore and Belgium. Bids for the tender will close on November 18.

Murray Rayner, who was previously the chief geologist for Argyle Diamonds, last year told The West that the existence of Argyle’s pink diamonds was due to a “fluke of nature” that will be extremely difficult to replicate.

Mr Rayner said the pink diamonds emerged around 1.8 billion years ago when the Kimberley collided into Australia, bringing pink diamonds closer to the Earth’s surface.

These pink diamonds were originally created at one point three billion years ago when our planet’s once-connected continents began to rip apart, with the intense pressure from this event causing the pink colouration in the diamonds.

“To find another deposit would be an extraordinarily rare event in its own right, we’ve looked over the last few decades without any success,” he said.

Source: DCLA

Thursday, 8 August 2024

One of the Last Argyle Pinks Leads Online Auction

0.94 carat Argyle Pink

A loose 0.94 carat Argyle Pink – one of the last recovered from the iconic mine in Western Australia – is being sold at auction.

It is the highlight of a 416-lot online event (ending 11 August), featuring many items that belonged to Graham Jackson, former owner of Loloma Jewellers, located in Townsville, Australia, who died aged 92 in May.

The cushion cut fancy intense VS1 gem is designated as 6P – 6/10 for intensity of hue and P for pink as the dominant hue.

It was sold at the 2021 Argyle Pink Tender-Rio Tinto’s Final Collection, the last tender from the mine, which closed in November 2020 after 37 years, during which it produced 90 per cent of the world’s pink diamonds.

The stone is being sold by Sydney-based First State Auctions, with an estimate of AUD$700,000 to AUD$800,000 (US$455,000 to U$520,000).

Last January Tiffany & Co. has bought a parcel of 35 Argyle pinks – from 0.35 carats to 1.52 carats – for “select clients”.

Source: DCLA

Sunday, 4 August 2024

Fancy Color Diamond Prices: First Drop in Almost Four Years

Fancy yellow diamond
Fancy yellow cushion cut diamond

The Index tracking fancy color diamond prices fell during the last quarter, for the first time in almost four years.

The Fancy Color Diamond Index, which monitors pricing data for of all sizes and intensities of fancy color diamonds, fell by 0.7 per cent during Q2 2024, according to an update published yesterday (30 July) by the Fancy Color Research Foundation (FCRF).

The last recorded fall was back in Q3 2020 – in the depths of the Covid crisis – when the Index also fell by 0.7 per cent. That came after two quarters when sales were too slow for the FCRF to produce figures at all.

The trend over the last year or so has been of slower growth. The Index was up 1.3 per cent in Q1 2023, followed by +0.5 per cent (Q2); +0.4 per cent (Q3); +0.1 per cent (Q4) and +0.1 per cent (Q1 2024).

The New York-based FCRF played down the Q2 dip, describing it as “a minor fluctuation when compared to broader market movements”.

It said in a statement: “This stability is particularly evident relative to the sharper declines in the white diamond market and the Dow Jones index, which fell by 3.6 per cent and 1.7 per cent respectively during the same period.

Yellow diamonds (all sizes, all intensities) suffered the biggest drop, down 1.7 per cent. Pinks and blues were both down 0.3 per cent.

The FCRF said its Index had enjoyed an overall increase of 211 per cent since it began compiling data in 2005. During that time it said the price of yellow diamonds had risen by 56 per cent, pinks by 398 per cent and blues by 248 per cent.

Source: DCLA

Monday, 4 December 2023

Rio Tinto Delighted with Argyle and Diavik Tender

Rio Tinto Delighted with Argyle and Diavik Pink Diamond Tender

Rio Tinto said it was delighted with the results of its first Beyond Rare Tender of polished pink and red diamonds from Argyle, in Australia, and yellow stones from Diavik, Canada, though it declined to reveal any prices.

Sinead Kaufman, chief executive of Rio Tinto Minerals, said only that the results reflected the global demand for highly collectible natural colored diamonds.

The first in a series of sales featured a collection of 87 diamonds, weighing 29.96 carats in total. Successful bidders came from Australia, Europe, Japan, Hong Kong, Singapore, US and Israel.

Among the lots were seven Masterpiece sets of Argyle dink diamonds and yellow Diavik diamonds, 11 matched pairs of colored diamonds and 30 single diamonds, including one remarkable fancy red Argyle diamonds.

The iconic Argyle mine closed in November 2020 after 37 years. It produced 90 per cent of the world’s pink, red, blue and violet diamonds.

Source: DCLA

Wednesday, 20 September 2023

Pink Diamonds Erupted to Earth’s Surface after Early Supercontinent’s Breakup


Pink Diamonds Erupted to Earth’s Surface after Early Supercontinent’s Breakup

Western Australia’s Argyle mine was among nature’s preeminent treasure troves for nearly 40 years. At its peak, Argyle produced more coloured diamonds than anywhere else on Earth and earned an especially sparkling reputation for its unparalleled cache of pink diamonds.

Researchers have spent decades trying to unravel the origins of Argyle’s glimmering gems. Now, by dating minerals in the mine’s volcanic rock, scientists think they may have finally pieced together the process that created the deposit around 1.3 billion years ago. In a paper published on Tuesday in Nature Communications, the team posits that the breakup of an early supercontinent lifted Argyle’s salmon-coloured stones from crushing depths toward Earth’s surface.

Located 2,200 kilometers northeast of Perth, Australia, in the country’s rugged Kimberley region, Argyle mine once covered an area the size of 94 football fields. Between its opening in 1983 and closure in 2020, when mining the gems there was no longer economically viable, Argyle produced more than 865 million carats of rough diamonds. Most of these stones come in pale shades of yellow or brown. But a small percentage of the site’s diamonds radiate rich pinks, purples or reds. More than 90 percent of the world’s pink diamond supply including the nearly 13 carat Pink Jubilee has come from Argyle.

The pink hue of Argyle’s most lavish diamonds is linked to damage they underwent deep within the earth. According to Hugo Olierook, a geologist at Curtin University in Perth and lead author of the new study, these diamonds start out colourless. But immense tectonic pressure from colliding continents can alter the stones’ crystal structure, unlocking the potential colours hidden within. “The diamonds are being forced to bend and twist,” Olierook says. “If they’re twisted just a little bit, it will turn some of these diamonds pink.” Further twisting makes them become brown.

Argyle’s diamonds took on their pink and brown tints around 1.8 billion years ago, when a piece of what is now western Australia smashed into the northern Australian plate and warped the region’s rock. But this only explains part of Argyle’s origin story. When the continents collided, the area’s diamonds were buried in the mantle, hundreds of kilometers below Earth’s surface. If the crystals had been closer to the surface, their carbon atoms would have been compressed into a different structure, transforming them from shimmering diamonds to lumps of dark gray graphite.

A volcano was necessary to bring the molten diamonds up from our planet’s mantle. “You need some sort of tectonic trigger to bring them up to the surface,” Olierook says. As the melt rises, carbon dioxide and steam expand, sparking an eruption that he compares to popping a champagne cork. At Argyle, this eruption likely occurred at a beach, where sand and seawater interacted with volcanic rock called lamproite.

To determine when the eruption occurred, the team sliced two thin sections of Argyle’s volcanic rock and polished them down to a minuscule width. Analyzing the sample’s mineral makeup under a microscope, the researchers were able to pinpoint sand grains from Argyle’s ancient beach and to date them with the help of radioactive elements they contained. By dating the youngest sand grains, the scientists were able to estimate when the beach was buried in lava. They also used tiny lasers to determine the ages of titanite minerals, which formed in the rock when the magma melded with quartz in the beach sand.

Comparing the ages of the youngest sand grains and the oldest titanite crystals allowed the researchers to estimate that the eruption at Argyle occurred between 1.3 billion and 1.26 billion years ago. This age range was older than previous estimates, which surprised Olierook and his colleagues. “We had a betting pool going, and nobody got 1,300 million years,” he says. “That was one of those glass shattering moments.”

That eruption timing corresponds to a volatile period in Earth’s tectonic history when one of the first supercontinents, called Nuna, was splintering apart. The team posits that this instability may have reopened a seam along the continental boundary where Argyle is now situated. This in turn sparked the volcanic activity that brought the diamond-bearing melt toward the surface, creating Argyle’s expansive diamond deposits.

The new time estimates add crucial context for understanding the volcanic eruption at Argyle, says Evan Smith, a researcher at the Gemological Institute of America, who researches the geology of diamonds but was not involved in the new study. “The previous age constraint for Argyle was younger, and it was a lot less clear how to frame the eruption in a broader geological context,” Smith says. He thinks the new study adds exciting evidence that these “eruptions are related to bigger processes that affect whole continents rather than being isolated, random burps of magma.”

Olierook thinks similar events may have occurred at other continental boundaries around the world. Most diamond-bearing deposits are found in the middle of continental plates where rock is exposed. This makes Argyle an outlier. When the mine was first discovered, most geologists thought that searching for diamonds along continental plate boundaries which are often uplifted by ancient mountain belts and buried beneath soil and sand was futile.

Though gem mining in these regions remains difficult, Olierook believes there are plenty of diamonds to be found in the rough. “I think all of them will host some sort of coloured diamonds,” he says. “They may all be brown, but with a little bit of luck, there could be a few pinks in there.”

Source: Jack Tamisiea Scientificamerican

Wednesday, 3 May 2023

 Rio Tinto unveils Argyle Rose heirloom piece

The Argyle Rose. Image from Rio Tinto.

Rio Tinto has unveiled the latest heirloom piece of Argyle Pink Diamonds jewellery, featuring one of the last diamonds to be mined from the iconic Argyle mine in the East Kimberley, Western Australia.

Mining ended at Argyle in November 2020, after 37 years of uninterrupted production, during which the mine became the source of about 90% of the world’s prized rose-to-magenta hued stones. The mine produced more than 865 million carats of rough diamonds.

Designed by Western Australian jeweller Solid Gold Diamonds, the Argyle Rose features a total of 3.25 carats of rare Argyle pink and blue diamonds encrusted in a rose motif, surrounded by white diamonds and hand-set in platinum and 18 karat gold.

The heart of this piece is an extremely rare 1.36 carat, Fancy Deep Pink radiant cut diamond. It is just one of twelve radiant cut diamonds over one carat with a colour grading, 1P, from the last 30 years of production from Argyle.

The surrounding petaled design of pink and blue Argyle Diamonds totals 1.89 carats, together with 2.80 carats of white diamonds. The Argyle Rose is for sale at Solid Gold Diamonds in Perth for A$2 million.

“I am delighted to launch the Argyle Rose. Encapsulating a rich history and an extraordinary provenance, it is both a contemporary treasure and an heirloom for tomorrow,” Sinead Kaufman, Chief Executive of Rio Tinto Minerals said in a statement.

“These rare and precious diamonds are one and a half billion years old, from one of the most beautiful places on earth, and the world is simply not producing them anymore.”

Source: DCLA

Monday, 6 June 2022

Rio Tinto Launches Business for Argyle Pinks

 Rio Tinto Launches Business for Argyle Pinks

Diamonds from Rio Tinto’s Argyle Pink Diamond Tender. 

Rio Tinto has debuted a new strategy that will enable it to “protect the provenance” of its Argyle pink diamonds, including a certification service and a concierge trading platform.

“This is the start of a new chapter for Argyle pink diamonds, to ensure they maintain their value and investment potential as a finite, unrepeatable natural resource and achieve the status of outstanding heritage diamonds,” Rio Tinto Minerals CEO Sinead Kaufman said last week.

The venture will also play host to a new Beyond Rare tender platform for special sales events, as well as several strategic collections and collaborations involving existing inventory and the secondary market.

One such venture, the Icon Partner program, will give jewelers licensing rights to use the Argyle Pink Diamonds brand for jewelry they create with any remaining inventory they previously purchased from the Argyle mine. The first two retailers Rio Tinto has authorized are John Calleija, the owner of Australian luxury-jewelry house Calleija, and Singapore-based Glajz THG, owned by John Glajz.

“The secondary market for Argyle pink diamonds comprises almost 40 years of rare, polished pink diamonds, together with heirloom pieces of jewelry, collectibles and objects,” the miner noted. “This market requires careful management to preserve the precious provenance of Argyle pink diamonds and continue the legacy of careful custody that underscores its rarity.

Source: DCLA

Thursday, 28 October 2021

Final Argyle Pink Tender Sees Record Result

                            Argyle pink tender

Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.

                        Once in a Blue Moon 

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 diamonds mined during the Western Australian deposit’s last year of operation, Rio Tinto said Thursday.

“The 2021 Argyle Pink Diamonds Tender delivered a record-breaking price performance across individual diamonds and for the overall collection,” the company noted. “The diamonds were fiercely contested around the world in a series of virtual and face-to-face viewings.”

A total of 19 bidders from nine countries successfully acquired lots, with prices maintaining their upward trajectory, Rio Tinto explained. Australian jeweler Calleija bought several stones, including the Argyle Eclipse, a radiant-shaped, 3.47-carat, fancy-intense-pink diamond, and the Argyle Bohème, a radiant-shaped, 1.01-carat, fancy-red diamond.

A veteran bidder in Singapore took home both the Argyle Stella, a square radiant-shaped 1.79-carat, fancy-vivid-purplish-pink diamond, and the Argyle Solaris, a radiant-shaped, fancy-intense pink weighing 2.05 carats. Another, based in the US, won the Argyle Lumiere, a square radiant-shaped, 2.03-carat, fancy-deep-pink diamond.

Alongside the pink-diamond tender, Rio Tinto sold a record-breaking collection of 41 blue and violet diamonds from Argyle to a single buyer. Hong Kong fancy-color specialist Kunming Diamonds purchased the entire 24.88-carat lot in a “history-making global bid” at the separate Once in a Blue Moon tender, the miner said. The stones are the final blues to come from Argyle. Kunming also won nine pink lots.

“I don’t think it’s ever been so competitive, so mind-blowing in terms of how the prices have been, how much competition we faced, and there was a lot of emotional premium everyone added, as this was the ultimate tender,” Harsh Maheshwari, executive director of Kunming, told Rapaport News. “So I guess everyone felt that they would like to at least own a few tender stones while they had the opportunity.”

It’s rare for there to be so many successful bidders at the pink tender, Maheshwari noted. Usually, only half that number would take home diamonds.

“This basically shows how varied the prices must have been, and that these stones went to jewelers from all over the world,” Maheshwari added.  

Source: DCLA

Final Argyle Pink Tender Sees Record Result

                            Argyle pink tender

Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.

                        Once in a Blue Moon 

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 diamonds mined during the Western Australian deposit’s last year of operation, Rio Tinto said Thursday.

“The 2021 Argyle Pink Diamonds Tender delivered a record-breaking price performance across individual diamonds and for the overall collection,” the company noted. “The diamonds were fiercely contested around the world in a series of virtual and face-to-face viewings.”

A total of 19 bidders from nine countries successfully acquired lots, with prices maintaining their upward trajectory, Rio Tinto explained. Australian jeweler Calleija bought several stones, including the Argyle Eclipse, a radiant-shaped, 3.47-carat, fancy-intense-pink diamond, and the Argyle Bohème, a radiant-shaped, 1.01-carat, fancy-red diamond.

A veteran bidder in Singapore took home both the Argyle Stella, a square radiant-shaped 1.79-carat, fancy-vivid-purplish-pink diamond, and the Argyle Solaris, a radiant-shaped, fancy-intense pink weighing 2.05 carats. Another, based in the US, won the Argyle Lumiere, a square radiant-shaped, 2.03-carat, fancy-deep-pink diamond.

Alongside the pink-diamond tender, Rio Tinto sold a record-breaking collection of 41 blue and violet diamonds from Argyle to a single buyer. Hong Kong fancy-color specialist Kunming Diamonds purchased the entire 24.88-carat lot in a “history-making global bid” at the separate Once in a Blue Moon tender, the miner said. The stones are the final blues to come from Argyle. Kunming also won nine pink lots.

“I don’t think it’s ever been so competitive, so mind-blowing in terms of how the prices have been, how much competition we faced, and there was a lot of emotional premium everyone added, as this was the ultimate tender,” Harsh Maheshwari, executive director of Kunming, told Rapaport News. “So I guess everyone felt that they would like to at least own a few tender stones while they had the opportunity.”

It’s rare for there to be so many successful bidders at the pink tender, Maheshwari noted. Usually, only half that number would take home diamonds.

“This basically shows how varied the prices must have been, and that these stones went to jewelers from all over the world,” Maheshwari added.  

Source: DCLA

Sunday, 29 August 2021

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

      The Hero Diamonds from the 2021 Argyle Pink                                  Diamonds Tender

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, showcasing the pinnacle of Argyle’s production to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses.

Mining ceased at Argyle on 3 November, 2020 and the 2021 Argyle Pink Diamonds Tender is the final collection of the rarest diamonds from the final year of Argyle operations.

Patrick Coppens, General manager, Sales and Marketing for Rio Tinto’s diamonds business said “The first Argyle Pink Diamonds Tender was held in Antwerp in 1984 and I am delighted to host the final epic collection in Antwerp. Over the past 38 years Argyle pink diamonds have pushed the boundaries of rarity and value appreciation to new extremes.

“When you consider the number of diamonds presented at the annual Argyle Pink Diamonds Tender since 1984 would barely fill two champagne flutes, you begin to grasp the rarity and the tremendous gravitas of this final collection. Many of the invitees have participated in the annual Argyle Pink Diamonds Tender for more than three decades and across generations, so it is an emotional moment in the history of Rio Tinto’s Argyle Pink Diamonds business and the natural fancy coloured diamond industry.”

Comprising 70 diamonds weighing 81.63 carats, the 2021 Argyle Pink Diamonds Tender has a record number of diamonds larger than one carat. The collection is headlined with Lot Number 1, Argyle Eclipse™, a 3.47 carat diamond that is the largest Fancy Intense Pink diamond ever offered at the Tender.

Titled The Journey Beyond, the 2021 Argyle Pink Diamonds Tender takes its reference from the 1.5 billion year journey from creation to discovery and their remarkable impact on the world diamond and jewellery history. The Tender collection comprises five ‘hero’ diamonds selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Lot 1: Argyle Eclipse™, 3.47 carat, radiant shaped Fancy Intense Pink diamond

Lot 2 : Argyle Stella™ 1.79 carat, square radiant shaped Fancy Vivid Purplish Pink diamond

Lot 3: Argyle Lumiere™ 2.03 carat, square radiant shaped Fancy Deep Pink diamond

Lot 4: Argyle Solaris™ 2.05 carat, radiant shaped Fancy Intense Pink diamond

Lot 5: Argyle Bohème™ 1.01 carat, radiant shaped Fancy Red diamond

Also offered alongside the 2021 annual Argyle Pink Diamonds Tender are 41 lots of carefully curated Argyle blue diamonds, weighing 24.88 carats in total. Titled Once in a Blue Moon, these are the very last blue and violet diamonds to emerge from the Argyle mine.

Both face to face and virtual viewings are being conducted in Antwerp catering for those markets where COVID-19 restrictions prevent travel. Bids close on October 4, 2021.

Source: DCLA

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

      The Hero Diamonds from the 2021 Argyle Pink                                  Diamonds Tender

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, showcasing the pinnacle of Argyle’s production to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses.

Mining ceased at Argyle on 3 November, 2020 and the 2021 Argyle Pink Diamonds Tender is the final collection of the rarest diamonds from the final year of Argyle operations.

Patrick Coppens, General manager, Sales and Marketing for Rio Tinto’s diamonds business said “The first Argyle Pink Diamonds Tender was held in Antwerp in 1984 and I am delighted to host the final epic collection in Antwerp. Over the past 38 years Argyle pink diamonds have pushed the boundaries of rarity and value appreciation to new extremes.

“When you consider the number of diamonds presented at the annual Argyle Pink Diamonds Tender since 1984 would barely fill two champagne flutes, you begin to grasp the rarity and the tremendous gravitas of this final collection. Many of the invitees have participated in the annual Argyle Pink Diamonds Tender for more than three decades and across generations, so it is an emotional moment in the history of Rio Tinto’s Argyle Pink Diamonds business and the natural fancy coloured diamond industry.”

Comprising 70 diamonds weighing 81.63 carats, the 2021 Argyle Pink Diamonds Tender has a record number of diamonds larger than one carat. The collection is headlined with Lot Number 1, Argyle Eclipse™, a 3.47 carat diamond that is the largest Fancy Intense Pink diamond ever offered at the Tender.

Titled The Journey Beyond, the 2021 Argyle Pink Diamonds Tender takes its reference from the 1.5 billion year journey from creation to discovery and their remarkable impact on the world diamond and jewellery history. The Tender collection comprises five ‘hero’ diamonds selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Lot 1: Argyle Eclipse™, 3.47 carat, radiant shaped Fancy Intense Pink diamond

Lot 2 : Argyle Stella™ 1.79 carat, square radiant shaped Fancy Vivid Purplish Pink diamond

Lot 3: Argyle Lumiere™ 2.03 carat, square radiant shaped Fancy Deep Pink diamond

Lot 4: Argyle Solaris™ 2.05 carat, radiant shaped Fancy Intense Pink diamond

Lot 5: Argyle Bohème™ 1.01 carat, radiant shaped Fancy Red diamond

Also offered alongside the 2021 annual Argyle Pink Diamonds Tender are 41 lots of carefully curated Argyle blue diamonds, weighing 24.88 carats in total. Titled Once in a Blue Moon, these are the very last blue and violet diamonds to emerge from the Argyle mine.

Both face to face and virtual viewings are being conducted in Antwerp catering for those markets where COVID-19 restrictions prevent travel. Bids close on October 4, 2021.

Source: DCLA

Wednesday, 19 May 2021

Rio Tinto reveals its final showcase of Argyle pink, red and blue diamonds

 

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 the final year of Argyle operations.

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, showcasing the pinnacle of Argyle’s production to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses.

Chief executive of Rio Tinto Minerals, Sinead Kaufman said,“I am delighted to launch this historic collection of extraordinary diamonds, a testament to the amazing Argyle ore body and the men and women who have worked so hard to bring these diamonds to market.”

Comprising 70 diamonds weighing 81.63 carats, the 2021 Argyle Pink Diamonds Tender has a record number of diamonds larger than one carat. The collection is headlined with Lot Number 1, Argyle Eclipse™, a 3.47 carat diamond that is the largest Fancy Intense Pink diamond ever offered at the Tender.
Rio Tinto puts last diamonds mined at iconic Argyle up for sale
Argyle Eclipse, 3.47 carat, radiant shaped Fancy Intense Pink diamond.


Patrick Coppens, General manager of Sales and Marketing for Rio Tinto’s diamonds business who has been involved throughout the history of the Argyle Pink Diamonds Tender said “The Argyle pink diamond story has continued to enthral throughout the years following the remarkable discovery of the Argyle mine in 1979. The final Tender collection of these beyond rare diamonds will be keenly sought after as heritage gemstones of the future, coveted by collectors and connoisseurs from around the world.”

Titled The Journey Beyond, the 2021 Argyle Pink Diamonds Tender takes its reference from the 1.5 billion year journey from creation to discovery and their remarkable impact on the world diamond and jewellery history. The Tender collection comprises five ‘hero’ diamonds selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Lot 1: Argyle Eclipse™, 3.47 carat, radiant shaped Fancy Intense Pink diamond

Lot 2: Argyle Stella™ 1.79 carat, square radiant shaped Fancy Vivid Purplish Pink diamond

Lot 3: Argyle Lumiere™ 2.03 carat, square radiant shaped Fancy Deep Pink diamond

Lot 4: Argyle Solaris™ 2.05 carat, radiant shaped Fancy Intense Pink diamond

Lot 5: Argyle Bohème™ 1.01 carat, radiant shaped Fancy Red diamond

Also offered alongside the 2021 annual Argyle Pink Diamonds Tender are 41 lots of carefully curated Argyle blue diamonds, weighing 24.88 carats in total. Titled Once in a Blue Moon, these are the very last blue and violet diamonds to emege from the Argyle mine.

Jewellery historian Vivienne Becker said, “this final epoch making offering of pink, red and blue diamonds encapsulates the near-impossible rarity and compelling beauty of the natural treasures gifted to the world by the east Kimberley region of Western Australia. Over the near four decade life span of the Argyle mine, Rio Tinto has built a unique diamond brand of integrity and authenticity, an Australian icon and source of national pride, now recognised and asked for, by name, across the globe.”

The 2021 Argyle Pink Diamonds Tender will be showcased in Perth, Antwerp, Singapore and Sydney, subject to COVID-19 protocols. Bids close on September 1, 2021.

Source: DCLA

Rio Tinto reveals its final showcase of Argyle pink, red and blue diamonds

 

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 the final year of Argyle operations.

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, showcasing the pinnacle of Argyle’s production to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses.

Chief executive of Rio Tinto Minerals, Sinead Kaufman said,“I am delighted to launch this historic collection of extraordinary diamonds, a testament to the amazing Argyle ore body and the men and women who have worked so hard to bring these diamonds to market.”

Comprising 70 diamonds weighing 81.63 carats, the 2021 Argyle Pink Diamonds Tender has a record number of diamonds larger than one carat. The collection is headlined with Lot Number 1, Argyle Eclipse™, a 3.47 carat diamond that is the largest Fancy Intense Pink diamond ever offered at the Tender.
Rio Tinto puts last diamonds mined at iconic Argyle up for sale
Argyle Eclipse, 3.47 carat, radiant shaped Fancy Intense Pink diamond.


Patrick Coppens, General manager of Sales and Marketing for Rio Tinto’s diamonds business who has been involved throughout the history of the Argyle Pink Diamonds Tender said “The Argyle pink diamond story has continued to enthral throughout the years following the remarkable discovery of the Argyle mine in 1979. The final Tender collection of these beyond rare diamonds will be keenly sought after as heritage gemstones of the future, coveted by collectors and connoisseurs from around the world.”

Titled The Journey Beyond, the 2021 Argyle Pink Diamonds Tender takes its reference from the 1.5 billion year journey from creation to discovery and their remarkable impact on the world diamond and jewellery history. The Tender collection comprises five ‘hero’ diamonds selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds:

Lot 1: Argyle Eclipse™, 3.47 carat, radiant shaped Fancy Intense Pink diamond

Lot 2: Argyle Stella™ 1.79 carat, square radiant shaped Fancy Vivid Purplish Pink diamond

Lot 3: Argyle Lumiere™ 2.03 carat, square radiant shaped Fancy Deep Pink diamond

Lot 4: Argyle Solaris™ 2.05 carat, radiant shaped Fancy Intense Pink diamond

Lot 5: Argyle Bohème™ 1.01 carat, radiant shaped Fancy Red diamond

Also offered alongside the 2021 annual Argyle Pink Diamonds Tender are 41 lots of carefully curated Argyle blue diamonds, weighing 24.88 carats in total. Titled Once in a Blue Moon, these are the very last blue and violet diamonds to emege from the Argyle mine.

Jewellery historian Vivienne Becker said, “this final epoch making offering of pink, red and blue diamonds encapsulates the near-impossible rarity and compelling beauty of the natural treasures gifted to the world by the east Kimberley region of Western Australia. Over the near four decade life span of the Argyle mine, Rio Tinto has built a unique diamond brand of integrity and authenticity, an Australian icon and source of national pride, now recognised and asked for, by name, across the globe.”

The 2021 Argyle Pink Diamonds Tender will be showcased in Perth, Antwerp, Singapore and Sydney, subject to COVID-19 protocols. Bids close on September 1, 2021.

Source: DCLA

The Argyle Phoenix Sets Historic Benchmark as Antwerp Trade Rebounds

  The Argyle Phoenix Redefines Rarity at Auction At the 2024 Phillips Geneva Auction, the extraordinary  Argyle Phoenix Diamond  achieved a ...