Rio Tinto Ends Mining at Argyle

 

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 month, a company spokesperson said.

Rio Tinto first began operations at Argyle in 1983, with the site since becoming the world’s largest diamond mine by volume, producing more than 825 million carats of rough over its lifetime. The deposit is most famous for its colored diamonds, with more than 90% of the world’s rare pink and red diamonds originating from the mine, according to Rio Tinto.

Those pink diamonds take longer to process than general run-of-mine goods, the company noted. Rio Tinto will continue to sell them into the coming year, and will hold its final Argyle Pink Diamonds Tender in 2021.

Once Rio Tinto completes the final production from Argyle, it will undertake a decommissioning, dismantling and rehabilitation process that will last approximately five years.

Source: DCLA

Rio Tinto Ends Mining at Argyle

 

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 month, a company spokesperson said.

Rio Tinto first began operations at Argyle in 1983, with the site since becoming the world’s largest diamond mine by volume, producing more than 825 million carats of rough over its lifetime. The deposit is most famous for its colored diamonds, with more than 90% of the world’s rare pink and red diamonds originating from the mine, according to Rio Tinto.

Those pink diamonds take longer to process than general run-of-mine goods, the company noted. Rio Tinto will continue to sell them into the coming year, and will hold its final Argyle Pink Diamonds Tender in 2021.

Once Rio Tinto completes the final production from Argyle, it will undertake a decommissioning, dismantling and rehabilitation process that will last approximately five years.

Source: DCLA

Rio Tinto to Sell Final Argyle Specials

 

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 Tuesday. Colored diamonds from the site, which is due to close at the end of the year, as well as a 26-carat, gem-quality rough, will also be available.

“The Argyle rough diamonds presented at this tender are a final rare and collectible offering from one of the world’s greatest diamond mines,” noted Andrew Wilson, general manager of Argyle.

Rio Tinto will also offer large diamonds from its Diavik mine in Canada, including the Diavik Helios, which will headline the sale. The 74.48-carat, fancy-yellow diamond was named for the pure yellow sunlight emitted by the mythical Greek sun god.

“The Diavik Helios is an exceptional diamond in terms of its color saturation and clarity, and will be in strong demand from colored-diamond specialists around the world,” said Patrick Coppens, general manager of sales and marketing for Rio Tinto’s diamond business.

The company will showcase the diamonds physically in Antwerp and Tel Aviv, Israel, prior to the sale. It will also hold virtual and online viewings due to Covid-19 travel restrictions, it said. 

Source: DCLA

Rio Tinto to Sell Final Argyle Specials

 

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 Tuesday. Colored diamonds from the site, which is due to close at the end of the year, as well as a 26-carat, gem-quality rough, will also be available.

“The Argyle rough diamonds presented at this tender are a final rare and collectible offering from one of the world’s greatest diamond mines,” noted Andrew Wilson, general manager of Argyle.

Rio Tinto will also offer large diamonds from its Diavik mine in Canada, including the Diavik Helios, which will headline the sale. The 74.48-carat, fancy-yellow diamond was named for the pure yellow sunlight emitted by the mythical Greek sun god.

“The Diavik Helios is an exceptional diamond in terms of its color saturation and clarity, and will be in strong demand from colored-diamond specialists around the world,” said Patrick Coppens, general manager of sales and marketing for Rio Tinto’s diamond business.

The company will showcase the diamonds physically in Antwerp and Tel Aviv, Israel, prior to the sale. It will also hold virtual and online viewings due to Covid-19 travel restrictions, it said. 

Source: DCLA

India’s rich tussle for Argyle pink diamond because mines are not forever

 

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 times among high net worth Indians compared to last year.

“Argyle pink diamond is a true love for diamond connoisseurs across the globe,” said Darshit Hirani, owner of Mumbai-based P Hirani that only deals with coloured diamonds. “In India, there are business families and high net worth individuals from places like Mumbai, Bengaluru and Hyderabad who are aware of the rarity of Argyle pink diamond and they are keen to own one. It is a collector’s item.

Investment-wise it has a lot of value too. Every year, the price of Argyle pink diamond has witnessed a double-digit growth. And once the availability dries up, prices will shoot up further,” he said.

The price of Argyle pink diamond starts at $15,000 a carat and can go up to $1 million depending upon the size and clarity.

Fugitive Indian diamond merchant Nirav Modi was one of the major buyers of Argyle pink diamonds that he had used in his jewellery brand.

For almost 40 years now, the Argyle diamond mine in Kimberley, Western Australia has been producing about 90% of the world’s most coveted pink diamonds.

The mine holds an invitation-only annual Argyle Pink Diamond Tender in which it showcases its best pink, red, and even blue stones from the preceding year.

Its closure is anticipated to disrupt the global diamond market, and the value of coloured diamonds will likely skyrocket as supply falls, traders said.

“Consumers are mostly well aware that this is a good product to purchase. Diamonds continue to enjoy their admiration as an investment,” said Milan Chokshi, who owns Moksh

Jewellery, a diamond jewellery brand that provides its customers information about the dwindling supply pipeline to repose their faith in diamonds. “When mounted in well designed and manufactured jewellery, it not only has investment value, but also artistic and emotional value,” he said.

Not only the Argyle diamonds, natural diamonds will get rarer as days go by as no new mines are coming up, traders said.

Source: DCLA

India’s rich tussle for Argyle pink diamond because mines are not forever

 

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 times among high net worth Indians compared to last year.

“Argyle pink diamond is a true love for diamond connoisseurs across the globe,” said Darshit Hirani, owner of Mumbai-based P Hirani that only deals with coloured diamonds. “In India, there are business families and high net worth individuals from places like Mumbai, Bengaluru and Hyderabad who are aware of the rarity of Argyle pink diamond and they are keen to own one. It is a collector’s item.

Investment-wise it has a lot of value too. Every year, the price of Argyle pink diamond has witnessed a double-digit growth. And once the availability dries up, prices will shoot up further,” he said.

The price of Argyle pink diamond starts at $15,000 a carat and can go up to $1 million depending upon the size and clarity.

Fugitive Indian diamond merchant Nirav Modi was one of the major buyers of Argyle pink diamonds that he had used in his jewellery brand.

For almost 40 years now, the Argyle diamond mine in Kimberley, Western Australia has been producing about 90% of the world’s most coveted pink diamonds.

The mine holds an invitation-only annual Argyle Pink Diamond Tender in which it showcases its best pink, red, and even blue stones from the preceding year.

Its closure is anticipated to disrupt the global diamond market, and the value of coloured diamonds will likely skyrocket as supply falls, traders said.

“Consumers are mostly well aware that this is a good product to purchase. Diamonds continue to enjoy their admiration as an investment,” said Milan Chokshi, who owns Moksh

Jewellery, a diamond jewellery brand that provides its customers information about the dwindling supply pipeline to repose their faith in diamonds. “When mounted in well designed and manufactured jewellery, it not only has investment value, but also artistic and emotional value,” he said.

Not only the Argyle diamonds, natural diamonds will get rarer as days go by as no new mines are coming up, traders said.

Source: DCLA

Rio Tinto unveils rare diamonds as Argyle nears end

 

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, Western Australia site.

The collection was headlined by Lot Number 1, which is the largest Fancy Vivid round brilliant diamond ever offered at the tender.

Weighing in at 2.24 carats, the Fancy Vivid Purplish Pink diamond, also known as Argyle Eternity, is the highlight of the historic collection which comprises of 62 diamonds weighing 57.23 carats.

The Argyle Pink Diamonds Tender also features six hero diamonds, recognised for their unique beauty and named so to ensure there is a permanent record of their place in history as some of the world’s most important diamonds.

In addition to Argyle Eternity, these hero diamonds include the 2.45 carat square Fancy Intense Purple-Pink Argyle Ethereal, the 1.84 carat pear shaped Fancy Vivid Purplish Pink Argyle Sakura, the 0.43 carat Argyle Emrys in greyish blue, the 0.33 carat grey-violet Argyle Skylar and 0.70 carat violet-grey Argyle Infinite.

In addition to these gems the collection also features 12 lots of carefully curated never to be repeated sets of miniature rare Argyle punk, red, blue and violet diamonds weighing in at a total of 13.90 carats.

Rio Tinto general manager of sales and marketing for diamonds Patrick Coppens noted the Argyle mine’s history of producing rare pink gems.

“The Argyle pink diamond story has continued to enthral throughout the years following the remarkable discovery of the Argyle mine in 1979,” Coppens said.

“The 2020 Argyle Pink Diamonds Tender is a collection of rare earthly treasures, intricate works of art and with a potency of colour that will be keenly sought after by collectors and connoisseurs from around the world.”

Rio Tinto chief executive of copper and diamonds Arnaud Soirat added that the Argyle mine is the world’s first and only ongoing source of rare pink, red and violet diamonds.

“We have seen and continue to see strong demand for these highly coveted diamonds, which together with extremely limited global supply, supports the significant value appreciation for Argyle pink diamonds,” Soirat said.

Due to COVID-19 restrictions the collection was previewed virtually for exclusive invitees before viewings begin later this year at the Argyle mine, in Perth and in Singapore in Antwerp.

Bids for the precious stones close on December 2 2020.

Source: DCLA

Rio Tinto unveils rare diamonds as Argyle nears end

 

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, Western Australia site.

The collection was headlined by Lot Number 1, which is the largest Fancy Vivid round brilliant diamond ever offered at the tender.

Weighing in at 2.24 carats, the Fancy Vivid Purplish Pink diamond, also known as Argyle Eternity, is the highlight of the historic collection which comprises of 62 diamonds weighing 57.23 carats.

The Argyle Pink Diamonds Tender also features six hero diamonds, recognised for their unique beauty and named so to ensure there is a permanent record of their place in history as some of the world’s most important diamonds.

In addition to Argyle Eternity, these hero diamonds include the 2.45 carat square Fancy Intense Purple-Pink Argyle Ethereal, the 1.84 carat pear shaped Fancy Vivid Purplish Pink Argyle Sakura, the 0.43 carat Argyle Emrys in greyish blue, the 0.33 carat grey-violet Argyle Skylar and 0.70 carat violet-grey Argyle Infinite.

In addition to these gems the collection also features 12 lots of carefully curated never to be repeated sets of miniature rare Argyle punk, red, blue and violet diamonds weighing in at a total of 13.90 carats.

Rio Tinto general manager of sales and marketing for diamonds Patrick Coppens noted the Argyle mine’s history of producing rare pink gems.

“The Argyle pink diamond story has continued to enthral throughout the years following the remarkable discovery of the Argyle mine in 1979,” Coppens said.

“The 2020 Argyle Pink Diamonds Tender is a collection of rare earthly treasures, intricate works of art and with a potency of colour that will be keenly sought after by collectors and connoisseurs from around the world.”

Rio Tinto chief executive of copper and diamonds Arnaud Soirat added that the Argyle mine is the world’s first and only ongoing source of rare pink, red and violet diamonds.

“We have seen and continue to see strong demand for these highly coveted diamonds, which together with extremely limited global supply, supports the significant value appreciation for Argyle pink diamonds,” Soirat said.

Due to COVID-19 restrictions the collection was previewed virtually for exclusive invitees before viewings begin later this year at the Argyle mine, in Perth and in Singapore in Antwerp.

Bids for the precious stones close on December 2 2020.

Source: DCLA

Rare Australian diamonds expected to fetch millions

Ultra rare pink Australian diamonds are expected to sell for millions of dollars at an upcoming auction.

The diamonds have generated interest among buyers as they were sourced from the Argyle site in Western Australia, which is the largest diamond mine in the country which plans to close it by 2021. 

This Argyle pink diamond necklace will also be put up for bidding on Sunday

‘We expect there to be some fierce bidding come auction day in a couple of days time in the bid to win these unique, highly desirable and collectable pieces,’ Head of Fine Art and Antiquities for Lloyds Auctions Amanda Benson said.

The Argyle mine turns out less than 0.1 per cent of the world’s diamonds, though its gems are world renowned.

Earlier this year, an incredible 28 carat ultra-rare white diamond was discovered at the site. General manager of Argyle Diamonds, Andrew Wilson, said: ‘Argyle Octavia is unique in its size, shape and beautiful provenance.’

The diamonds have generated buzz among bidders as they were sourced from Argyle Australia’s largest diamond mine in Western Australia.

Source: DCLA

Rare Australian diamonds expected to fetch millions

Ultra rare pink Australian diamonds are expected to sell for millions of dollars at an upcoming auction.

The diamonds have generated interest among buyers as they were sourced from the Argyle site in Western Australia, which is the largest diamond mine in the country which plans to close it by 2021. 

This Argyle pink diamond necklace will also be put up for bidding on Sunday

‘We expect there to be some fierce bidding come auction day in a couple of days time in the bid to win these unique, highly desirable and collectable pieces,’ Head of Fine Art and Antiquities for Lloyds Auctions Amanda Benson said.

The Argyle mine turns out less than 0.1 per cent of the world’s diamonds, though its gems are world renowned.

Earlier this year, an incredible 28 carat ultra-rare white diamond was discovered at the site. General manager of Argyle Diamonds, Andrew Wilson, said: ‘Argyle Octavia is unique in its size, shape and beautiful provenance.’

The diamonds have generated buzz among bidders as they were sourced from Argyle Australia’s largest diamond mine in Western Australia.

Source: DCLA

Kunming partners with Rio Tinto for Argyle diamonds

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, Kunming is a global, multi-generational company that has built its business into one of Asia’s leading coloured diamond specialists. In 2019, the company was successful in acquiring the entire Argyle Pink Everlasting Collection, a one-off exclusive selection of certified Argyle pink and red diamonds. 

“This is a wonderful honour and showcases our commitment to bringing the world’s rarest diamonds to our global partners and client base,” Harsh Maheshwari, director of Kunming, said in the brief.

Source: DCLA

Kunming partners with Rio Tinto for Argyle diamonds

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, Kunming is a global, multi-generational company that has built its business into one of Asia’s leading coloured diamond specialists. In 2019, the company was successful in acquiring the entire Argyle Pink Everlasting Collection, a one-off exclusive selection of certified Argyle pink and red diamonds. 

“This is a wonderful honour and showcases our commitment to bringing the world’s rarest diamonds to our global partners and client base,” Harsh Maheshwari, director of Kunming, said in the brief.

Source: DCLA

Pink Prices set to Rise with Closure of Argyle

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 sold at its annual tenders has been appreciating by an average of 10 per annually over the last couple of decades, outperforming all major equity markets. They are a magnet for collectors and investors.
That growth in value is likely to accelerate when Argyle closes, after 37 years in which it became known as the world’s largest supplier of natural colored diamonds – including white, champagne, cognac, blue and violet – as well and the rare and highly-coveted Argyle pinks and reds.
Last year Hong Kong-based Kunming Diamonds bought the Argyle Pink Everlastings Collection comprising smaller Argyle pink and red diamonds totaling 211 carats.

The company’s director Harsh Maheshwari told the South China Morning Post newspaper last week that the price of Argyle Pinks had been insulated even from COVID-19 because of their rarity and the closure of the mine.
Russian miner Alrosa aims to fill some of the gap left in the market but won’t match Argyle’s production.  

Source: DCLA

Pink Prices set to Rise with Closure of Argyle

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 sold at its annual tenders has been appreciating by an average of 10 per annually over the last couple of decades, outperforming all major equity markets. They are a magnet for collectors and investors.
That growth in value is likely to accelerate when Argyle closes, after 37 years in which it became known as the world’s largest supplier of natural colored diamonds – including white, champagne, cognac, blue and violet – as well and the rare and highly-coveted Argyle pinks and reds.
Last year Hong Kong-based Kunming Diamonds bought the Argyle Pink Everlastings Collection comprising smaller Argyle pink and red diamonds totaling 211 carats.

The company’s director Harsh Maheshwari told the South China Morning Post newspaper last week that the price of Argyle Pinks had been insulated even from COVID-19 because of their rarity and the closure of the mine.
Russian miner Alrosa aims to fill some of the gap left in the market but won’t match Argyle’s production.  

Source: DCLA

Fancy Pink Diamonds Have Soared 116% in Value over the Past 10 Years

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 diamonds — across all their brilliant hues — increased by 77% from 2009 to 2019, it was the pink diamond category that stood out in the report.

Market watchers believe that the strength of the pink-diamond segment is attributed to the expected closure this year of the Argyle Diamond Mine, which has been operating in Western Australia for the past 37 years.

“Rio Tinto’s Argyle mine is the first and only ongoing source of rare pink diamonds in history,” said Rio Tinto Copper & Diamonds chief executive Arnaud Soirat in 2019. “With the lifecycle of this extraordinary mine approaching its end, we have seen, and continue to see, unstoppable demand for these truly limited-edition diamonds and strong value appreciation.”

Back in April of 2017, The Pink Star, a 59.6-carat, flawless, fancy vivid pink diamond, shattered the world record for the highest price ever paid for any gem at auction. The hammer price of $71.2 million at Sotheby’s Magnificent Jewels and Jadeite sale in Hong Kong easily surpassed the $57.5 million achieved in May of 2016 by the previous record-holder, the 14.62-carat Oppenheimer Blue diamond.

In November of 2018, the 18.96-carat Pink Legacy was purchased for $50.3 million at Christie’s Geneva, establishing a record per-carat price of $2.7 million for a fancy vivid pink diamond. The previous record holder was the 14.93-carat Pink Promise, which sold at auction for $2.2 million per carat in 2017.

FCRF advisory board member Jim Pounds explained why prices for fancy-color diamonds should remain strong: “From the mining perspective, we are currently experiencing a shortage in high-quality fancy-color rough and we therefore feel quite optimistic about the future.”

Source: DCLA

Fancy Pink Diamonds Have Soared 116% in Value over the Past 10 Years

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 diamonds — across all their brilliant hues — increased by 77% from 2009 to 2019, it was the pink diamond category that stood out in the report.

Market watchers believe that the strength of the pink-diamond segment is attributed to the expected closure this year of the Argyle Diamond Mine, which has been operating in Western Australia for the past 37 years.

“Rio Tinto’s Argyle mine is the first and only ongoing source of rare pink diamonds in history,” said Rio Tinto Copper & Diamonds chief executive Arnaud Soirat in 2019. “With the lifecycle of this extraordinary mine approaching its end, we have seen, and continue to see, unstoppable demand for these truly limited-edition diamonds and strong value appreciation.”

Back in April of 2017, The Pink Star, a 59.6-carat, flawless, fancy vivid pink diamond, shattered the world record for the highest price ever paid for any gem at auction. The hammer price of $71.2 million at Sotheby’s Magnificent Jewels and Jadeite sale in Hong Kong easily surpassed the $57.5 million achieved in May of 2016 by the previous record-holder, the 14.62-carat Oppenheimer Blue diamond.

In November of 2018, the 18.96-carat Pink Legacy was purchased for $50.3 million at Christie’s Geneva, establishing a record per-carat price of $2.7 million for a fancy vivid pink diamond. The previous record holder was the 14.93-carat Pink Promise, which sold at auction for $2.2 million per carat in 2017.

FCRF advisory board member Jim Pounds explained why prices for fancy-color diamonds should remain strong: “From the mining perspective, we are currently experiencing a shortage in high-quality fancy-color rough and we therefore feel quite optimistic about the future.”

Source: DCLA

Most Expensive Coloured Diamonds

Blue

The 9.75 carat Zoe Diamond which sold for more than $32 million.

Zoe Diamond

Green

5.03 carats Aurora Green sold for $16.8 million

Aurora Green

Orange

14.82 carat pear shaped Orange diamond sold for more than $35 million.

The Orange

Red

The 1.56 carat Fancy Red Phoenix diamond sold for $2 million

Phoenix diamond

Pink

59.60 carat Pink Star $71.2 million

Pink Star

Yellow

Vivid Yellow 100.09 carat sold for $16.3 million.

Graff Vivid Yellow

Source: DCLA

Most Expensive Coloured Diamonds

Blue

The 9.75 carat Zoe Diamond which sold for more than $32 million.

Zoe Diamond

Green

5.03 carats Aurora Green sold for $16.8 million

Aurora Green

Orange

14.82 carat pear shaped Orange diamond sold for more than $35 million.

The Orange

Red

The 1.56 carat Fancy Red Phoenix diamond sold for $2 million

Phoenix diamond

Pink

59.60 carat Pink Star $71.2 million

Pink Star

Yellow

Vivid Yellow 100.09 carat sold for $16.3 million.

Graff Vivid Yellow

Source: DCLA

Rio Tinto launches new collection of rare Argyle pink diamonds

Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia.

Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below.

The Argyle Pink Everlastings™ Collection comprises 64 lots and weighing a total of 211.21carats it represents justtwo per cent of the Argyle pink diamond annual production. It is expected that less than 100 carats of the equivalent profile will be produced by the mine prior to closure in 2020.

Argyle Pink Everlasting Collection

Jewellery historian Vivienne Becker said “ The Everlastings Collection™, representing one of the last offerings of its kind from the Argyle mine, will feed the unstoppable demand from designers and jewellers who appreciate the finite raity of these beautiful gems”.

Encapsulating a rich history and an extraordinary provenance, every lot in the Argyle Pink Everlastings™ Collection is accompanied by a Certificate of Authenticity.

Rio Tinto Copper & Diamonds vice president of sales and marketing Mr Alan Chirgwin said “ We are delighted to offer for the first time ever this unique collection of rare Argyle pink diamonds, destined to be in strong demand by the world’s finest jewellers.

“The accumulation of these diamonds from a certifiable source in various shapes, sizes and colours is the result of a painstaking endeavour, unlikely to be ever repeated.”

The Argyle Pink Everlastings™ Collection will be tendered alongside the annual Argyle Pink Diamonds Tender in Perth, Singapore, London and New York with bids closing on 9 October 2019.

Source: DCLA

Rio Tinto launches new collection of rare Argyle pink diamonds

Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia.

Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below.

The Argyle Pink Everlastings™ Collection comprises 64 lots and weighing a total of 211.21carats it represents justtwo per cent of the Argyle pink diamond annual production. It is expected that less than 100 carats of the equivalent profile will be produced by the mine prior to closure in 2020.

Argyle Pink Everlasting Collection

Jewellery historian Vivienne Becker said “ The Everlastings Collection™, representing one of the last offerings of its kind from the Argyle mine, will feed the unstoppable demand from designers and jewellers who appreciate the finite raity of these beautiful gems”.

Encapsulating a rich history and an extraordinary provenance, every lot in the Argyle Pink Everlastings™ Collection is accompanied by a Certificate of Authenticity.

Rio Tinto Copper & Diamonds vice president of sales and marketing Mr Alan Chirgwin said “ We are delighted to offer for the first time ever this unique collection of rare Argyle pink diamonds, destined to be in strong demand by the world’s finest jewellers.

“The accumulation of these diamonds from a certifiable source in various shapes, sizes and colours is the result of a painstaking endeavour, unlikely to be ever repeated.”

The Argyle Pink Everlastings™ Collection will be tendered alongside the annual Argyle Pink Diamonds Tender in Perth, Singapore, London and New York with bids closing on 9 October 2019.

Source: DCLA