Monday, September 3, 2012

Rio Tinto launches 2012 collection of exceptionally rare pink, red and blue diamonds
3 September 2012

Rio Tinto today announced the launch of its exclusive Argyle Pink Diamonds Tender 2012, an increasingly rare opportunity to purchase the world’s most precious diamonds.

This exceptional collection which showcases 56 single pink diamonds, including two red diamonds and an additional 19 lots of blue diamonds, will be previewed around the world in September and October.

The Argyle Diamond Mine consistently produces virtually the world’s entire supply of rare pink diamonds, as well as sporadically producing blue diamonds. The 19 lots of rare blue diamonds, headlined “Once in a Blue Moon” have been collected over the past two years. Manager of Argyle Pink Diamonds, Josephine Johnson said “We are delighted to offer a highly sought after collection of rare pink, red and blue diamonds which are destined for investment portfolios or heirloom pieces of jewellery.”

This year’s prestigious collection showcases several “hero” stones that have been named in keeping with the theme of desirability and adoration of something very beautiful and rare. Argyle Siren™ is a 1.32 carat square radiant cut Fancy Vivid Purplish Pink diamond and Argyle Satine™ is a 1.02 carat cushion cut Fancy Intense Purplish Pink diamond. The collection of smaller blue diamonds showcases Argyle Allure™, a 0.33 carat heart shaped diamond, and also taking their reference from the feminine mystique are the similar sized oval and pear shaped blue and violet diamonds, Argyle Elektra™ and Argyle Heloise™.

Since the Argyle Diamond Mine began operations some 27 years ago the world has developed a passion for the rare pink diamonds that are in unprecedented demand from connoisseurs, collectors and investors.

Rio Tinto Diamonds chief commercial officer Jean-Marc Lieberherr said “Excitement around this year’s Tender collection is understandable as Argyle pink diamonds are a diminishing natural treasure distinguished by their uniqueness, their limited availability, their exceptional craftsmanship, their rich provenance and their natural beauty.”

Tender viewings will be held in Perth, Hong Kong and London with bids closing on 15 October 2012.

About Argyle Pink Diamonds

Pink diamonds, produced at Rio Tinto’s Argyle Mine in Western Australia, are highly coveted as the world's most sought after gems. The Argyle Diamond Mine produces more than 90 per cent of the world's pink diamonds, which are sold in a broad range of colours and sizes to an international customer base.

Pink diamonds’ value is directly related to their rarity. The market for pink diamonds is quite separate to white diamonds, and due to their rarity, pink diamonds typically command prices far in excess of white diamonds.

The best diamonds are reserved for the annual Argyle Pink Diamonds Tender. Rio Tinto's Argyle Pink Diamonds business is located in Perth, Western Australia, alongside its cutting and polishing factory. 

About Rio Tinto Diamonds

Rio Tinto is one of the world’s major diamond producers through its 100 per cent control of the Argyle mine in Australia, 60 per cent of the Diavik mine in Canada and a 78 per cent interest in the Murowa mine in Zimbabwe. Rio Tinto also has an advanced diamond project in India. Rio Tinto’s share of the production from its diamond mines is sold through its Diamonds Sales and Marketing headquarters in Antwerp, Belgium.
Rio Tinto Diamonds is a leading supporter of the Kimberley Process as well as a founding member of Responsible Jewellery Council. 

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