• Skip to main content
  • Skip to secondary menu
  • Skip to footer

Press Media Release

press release distribution

  • Submit a Press Release
  • Market Wire
  • Make a Contribution
  • About
    • Template for press/media release
  • Contact

Rio Tinto’s Argyle Pink Diamonds Tender Delivers Exceptional Result

November 20, 2019 By admin Leave a Comment

Rio Tinto’s 2019 Argyle Pink Diamonds Tender collection of 64 rare pink and red diamonds from its iconic Argyle mine has delivered strong results reflecting intense global demand for the rare diamonds.

“The 2019 Argyle Pink Diamonds Tender was highly sought after with a set of results that underscores the ongoing value appreciation of these gems in the history of rare coloured diamonds.”

Tweet this
The 2019 collection, the 35th Tender since the mine began production, saw double digit growth in the number of bids, with successful bidders coming from nine countries.

Whilst bids and total values remain confidential, Lot number 1, Argyle Enigma™, the most valuable diamond in the collection, was won by Australian based Argyle Pink Diamonds partner Blue Star & Kiven Diamonds. Blue Star & Kiven Diamonds also won Lot number 4, Argyle Verity™.

Ron Kiven, Director of Blue Star & Kiven Diamonds part of the Aurostar Group said “No other diamonds on earth match the rarity and provenance of Argyle pink diamonds. To have acquired two of the last Argyle pink diamonds to ever be unearthed, and one of the few Fancy Red Argyle diamonds in existence is the ultimate privilege”.

Almost the entire world supply of rare pink, red and violet diamonds come from Rio Tinto’s Argyle diamond mine which will close at the end of 2020. Over the past 19 years the value of Argyle pink diamonds sold at Tender has appreciated more than 500 per cent, outperforming all major equity markets.

Rio Tinto Copper & Diamonds vice president of sales and marketing, Alan Chirgwin said “The 2019 Argyle Pink Diamonds Tender was highly sought after with a set of results that underscores the ongoing value appreciation of these gems in the history of rare coloured diamonds.”

The 2019 Argyle Pink Diamonds Tender collection was accompanied for the first time by an exclusive selection of smaller Argyle pink and red diamonds. Known as The Argyle Pink Everlastings™ Collection and comprising 64 lots of carefully curated diamonds, weighing in total 211 carats, it was sold in its entirety to Hong Kong fancy coloured diamond specialist, Kunming Diamonds.

Speaking on behalf of the Kunming Diamonds and his father Ajay Maheshwari (Jakhotia), Harsh Maheshwari, Director of Kunming Diamonds said “ This is a dream come true, a rare opportunity to acquire a once in a lifetime collection of pink and red Argyle diamonds. With the imminent closure of the Argyle mine, a collection such as this deserves to be showcased to the world and we look forward to announcing our plans at a later date.”

Rio Tinto Copper & Diamonds vice president of sales and marketing, Alan Chirgwin said “We are delighted with Kunming’s global bid for The Argyle Pink Everlastings Collection, a spectacular collection and an important legacy of the Argyle mine.”

Source: Rio Tinto Limited

Filed Under: Press Release Tagged With: Pink Diamonds

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Recent Posts

  • The Role of Forests in Climate Change Mitigation
  • U.S. Department of State, Bezos Earth Fund, and Rockefeller Foundation Announce Next Steps on Energy Transition Accelerator
  • Social Media Digest
  • COVID-19 Claims 2,000 Lives Per Week; 3 Critical Things Everyone Should Know
  • Economic Uncertainty Rising, 83% of Marketing Leaders to Prioritize Investments in Operational Efficiency and Hiring in 2023
  • PXEF.com adds new AI painting to art gallery: “Rich girl, poor girl in the swimming pool”
  • Market Research Media releases new market research report on the U.S. government market for low-code/no-code software
  • XRY, the MSAB extraction solution, comes with new features centered on ensuring the chain of custody of digital evidence
  • Ultisim Announces Advisory Board
  • Exclusive.org Announces Sale of Exclusive Domains

Media Partners

  • VPNW.com
  • OPINT
  • Digital Market
How to estimate company’s preparedness to meet moral and business obligations
Fear holds back innovation efforts
How to be friends with a subordinate
The life of privilege
How changes in atmospheric pressure affect blood pressure
Bloomberg Increases Carbon Emissions Data to Cover 100,000 Companies
Waiting for Facebook to die
Palliare Completes $8m Series A Funding Round
Hammoq Raises $3M Seed Financing
Why the U.S. economy needs increase in population
How digital transformation affects museums?
Cryptograph – the Original Luxury & Celebrity NFT Auction Platform – Celebrates One Year Anniversary With New Gasless Auction Technology and Major Upcoming NFT Drops, All in the Name of Perpetual Altruism
Top cryptocurrencies are Bitcoin, Ethereum, Bitcoin Cash, DAI, Litecoin and USD Coin
The Everest Foundation Offers All of Humanity a Free Biometric-Based Digital Identity and Wallet with ID Tokens, All Integrated With a Permissionless Blockchain
FTX US Launches FTX NFTs

Media Partners

  • Media Instances
  • PXEF.com
  • S3H.com
Blind People in a Public Bath, Utagawa Toyokuni (1769-1825), Tikotin Museum of Japanese Art
Pilates is booming again
Yayoi Kusama: A Retrospective, Exhibition at the Tel Aviv Museum of Art, 15/11/21​-​14/05/22
Feeling lonely during the holiday season? You’re not alone
Apple Introduces the Powerful Next-Generation Apple TV 4K
How masculine defaults permeate the workplace
Ambiguity of classical Chinese makes it an ideal language for poetry
Businesses Need to Prepare for Rising Social Unrest
Alice in Wonderland in Art Nouveau style
Tell me it’s not true!
Can tech move countries out of dictatorships to democracies?
Join Our Team at S3H.com Consulting - A One-Stop Shop for Technology Solutions
India is a rising star, while China’s future is murky
A modern data architecture is necessary for business success
Baidu launching a ChatGPT-style bot in March 2023 will likely increase competition in the conversational AI market

Copyright © 2022 PressMediaRelease.com

Sponsored by Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT