Rio Tinto unveils Argyle’s largest Fancy Purplish Red diamond

Rio Tinto has revealed its 2018 Argyle Pink Diamonds Tender in New York, including the Argyle Muse, the largest purplish red diamond ever offered.

The Argyle Muse, a 2.28-carat oval shaped Fancy Purplish Red gem, is one of 63 diamonds weighing a total of 51.48 carats being tendered at the event.

Argyle in Western Australia is the world’s only consistent source of rare pink, red and violet diamonds.

The 2018 tender is named Magnificent Argyle in honour of the mine’s role in charting the history of the world’s most coveted diamonds.

Rio Tinto copper and diamonds chief executive Arnaud Soirat said New York was the epicentre for rare fancy coloured diamond collectors and a key market for gems from Argyle.

“This is our 34th Argyle Pink Diamonds Tender and the potency of colours in this collection is a testament to the extraordinary Argyle ore body – rare fancy coloured diamonds, created and limited by nature.” Soirat said.
“The combination of strong demand and extremely limited world supply continues to support significant value appreciation for these stunning diamonds.”

The tender includes five Fancy Red diamonds, two Purplish Red diamonds and three Violet diamonds.

It includes six hero diamonds, which Rio Tinto selected for their unique beauty and were named to ensure a permanent record of their contribution to the history of Argyle’s diamonds.

Source: australianmining

Rio Tinto unveils Argyle’s largest Fancy Purplish Red diamond

Rio Tinto has revealed its 2018 Argyle Pink Diamonds Tender in New York, including the Argyle Muse, the largest purplish red diamond ever offered.

The Argyle Muse, a 2.28-carat oval shaped Fancy Purplish Red gem, is one of 63 diamonds weighing a total of 51.48 carats being tendered at the event.

Argyle in Western Australia is the world’s only consistent source of rare pink, red and violet diamonds.

The 2018 tender is named Magnificent Argyle in honour of the mine’s role in charting the history of the world’s most coveted diamonds.

Rio Tinto copper and diamonds chief executive Arnaud Soirat said New York was the epicentre for rare fancy coloured diamond collectors and a key market for gems from Argyle.

“This is our 34th Argyle Pink Diamonds Tender and the potency of colours in this collection is a testament to the extraordinary Argyle ore body – rare fancy coloured diamonds, created and limited by nature.” Soirat said.
“The combination of strong demand and extremely limited world supply continues to support significant value appreciation for these stunning diamonds.”

The tender includes five Fancy Red diamonds, two Purplish Red diamonds and three Violet diamonds.

It includes six hero diamonds, which Rio Tinto selected for their unique beauty and were named to ensure a permanent record of their contribution to the history of Argyle’s diamonds.

Source: australianmining

Diamond Producers Association launches India operations

The Diamond Producers Association announced the launch of their operations in the country to build confidence among consumers.

India polishes 85 90 percent of the diamonds today accounts for only seven  percent of the global polished diamond consumption.

DPA believe this is a huge opportunity to build the India market by promoting the integrity and reputation of diamonds and ensuring the sustainability of the industry.

DPA has reached out to 3,000 retailers and will offer training and education in diamonds.  DPA will expand training across the country.

The DPA is an alliance between ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds and Rio Tinto. These are the leading diamond miners globally. Which together produce over 75 percent of the world’s rough diamond production.

DPA is also working with the Gem and Jewellery Export Promotion Council to build trade relationships and best trade practices.

Source: DCLA

Diamond Producers Association launches India operations

The Diamond Producers Association announced the launch of their operations in the country to build confidence among consumers.

India polishes 85 90 percent of the diamonds today accounts for only seven  percent of the global polished diamond consumption.

DPA believe this is a huge opportunity to build the India market by promoting the integrity and reputation of diamonds and ensuring the sustainability of the industry.

DPA has reached out to 3,000 retailers and will offer training and education in diamonds.  DPA will expand training across the country.

The DPA is an alliance between ALROSA, De Beers, Dominion Diamond, Gem Diamonds, Lucara Diamond, Petra Diamonds and Rio Tinto. These are the leading diamond miners globally. Which together produce over 75 percent of the world’s rough diamond production.

DPA is also working with the Gem and Jewellery Export Promotion Council to build trade relationships and best trade practices.

Source: DCLA