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Rio Tinto unveils its rarest pink & red diamonds to the world

15 july 2019

In an exclusive preview at the Argyle mine in the east Kimberley region of Western Australia, Rio Tinto unveiled its annual showcase of the world’s rarest pink and red diamonds, says to a press release from the company.

Image credit: Rio Tinto

Arnaud Soirat, Rio Tinto Copper & Diamonds chief executive, commented, “These diamonds, each a natural treasure, are a testament to the enormous range and depth of offering from the Argyle ore body, nearly four decades from when production commenced. Rio Tinto’s Argyle mine is the first and only ongoing source of rare pink diamonds in history. 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.”
The 64-diamond collection, including three fancy red diamonds and weighing 56.28 carats in total, make up the 2019 Argyle Pink Diamonds Tender.
The 2019 Argyle Pink Diamonds Tender collection, titled “The Quest for the Absolute,” comprises six hero diamonds:
Lot 1: Argyle Enigma™,1.75-carat modified radiant fancy red diamond
Lot 2: Argyle Amari™, 1.48-carat heart-shaped fancy vivid purplish pink diamond
Lot 3: Argyle Elysian™, 1.20-carat modified cushion-shaped fancy vivid pink diamond
Lot 4: Argyle Verity™,1.37-carat oval fancy vivid purplish pink diamond
Lot 5: Argyle Opus™, 2.01-carat round fancy intense pink diamond
Lot 6: Argyle Avenoir™, 1.07-carat oval fancy red diamond
The 2019 Argyle Pink Diamonds Tender is being showcased in Perth, Hong Kong and New York, with bids closing on October 9, 2019.
The Argyle mine is expected to produce diamonds economically until 2020.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished