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The Argyle mine is the location of most of the pink diamonds discovered each year.



  Rio Tinto adds blues and red to annual pink diamond tender


September 16, 2012


Rio Tinto has announced the launch of its exclusive Argyle Pink Diamonds Tender with a new twist. The collection, which showcases 56 single pink diamonds, this time includes two red diamonds and 19 lots of blue diamonds.

The collection will be previewed around the world in September and October.

While Rio Tinto's Argyle Diamond Mine in Western Australia has consistently produced almost the world's entire supply of rare pink diamonds, it has sporadically produced blue stones as well. The 19 stones being offered were mined during the past two years, and are found in a section of the tender that has been called, appropriately, "Once in a Blue Moon."

This year's collection showcases several "hero" stones, which have been granted the privilege of a specific name. Among them is the Argyle Siren™, a 1.32-ct. square radiant cut Fancy Vivid Purplish Pink diamond and Argyle Satine™ is a 1.02 carat cushion cut, fancy intense purplish pink diamond.

The blue diamond collection features the Argyle Allure™, a 0.33-ct. heart shaped diamond, and similar sized oval and pear shaped blue and violet diamonds, respectively called the Argyle Elektra™ and Argyle Heloise™.

"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," noted Jean-Marc Lieberherr, Chief Commercial Officer for Rio Tinto Diamonds .

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

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