Work hard and you will find success

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GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

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Japan’s First Lady views Rio Tinto’s ‘pink diamonds’ during WA visit

17 july 2014

Rio Tinto’s iconic Argyle pink diamonds were part of the first visit by Japan’s First Lady Mrs. Akie Abe to Western Australia at the invitation of the WA Government. The 2014 Argyle Pink Diamonds Tender collection, comprising around 50 of the rarest and most valuable pink diamonds in the world, were showcased in an exclusive preview for Mrs Abe. The diamonds are the finest of a year’s production fr om Rio Tinto’s Argyle mine in the East Kimberley region of Western Australia.
Mrs. Abe was the first to view the ‘finest’ of the collection, a 1.59 carat Emerald cut Fancy Intense Purplish Pink named Argyle Toki™. The name, depicting the delicate pink under-wings of a rare Japanese bird, symbolises the importance of Japan as the premier export market for rare pink diamonds.
Jean-Marc Lieberherr, Managing Director -Rio Tinto Diamonds said, “We were delighted to welcome Mrs. Abe and show her at first hand these beautiful gems, the pinnacle of Australia’s mineral wealth and symbolic of our enduring relationship with Japan.”
The Japanese market has been critical to the development of Rio Tinto’s rare pink diamond business over the past 30 years. The pink diamond jewellery phenomenon started in Japan in the late 1980s when Japanese designers boldly embraced Argyle’s pink diamonds and incorporated them in beautiful and innovative designs. Today, Rio Tinto sells around 30 per cent of its Argyle pink diamonds into Japan wh ere there is an unerring appetite for the smallest, palest pink diamonds, through to the rarest reds.
Rio Tinto’s Argyle mine produces virtually the entire world’s supply of rare pink diamonds. The 2014 Argyle Pink Diamonds Tender collection will be officially launched in August and will tour the world until October. Around 150 collectors, connoisseurs and luxury jewellers are invited to place sealed bids on the diamonds. Prices for these diamonds can exceed US$1million per carat, hence their stature as “the most concentrated form of wealth on earth.”
This year’s collection will celebrate the 30th anniversary of the Argyle Pink Diamonds Tender.

Aruna Gaitonde, Rough&Polished correspondent in India