29 Jun '15, 8pm

Rio Tinto puts ‘vivid’ pink and red diamonds on market

Rio Tinto puts ‘vivid’ pink and red diamonds on market

Sixty-five extremely rare pink and red diamonds were unveiled Friday by mining giant Rio Tinto which expects the stones from a remote western Australia mine to fetch record prices. The diamonds come from the Anglo-Australian firm’s Argyle mine — where more than 90% of the world’s pink and red jewels are produced each year. “This year, we probably have the most valuable tender ever,” Rio Tinto diamonds and minerals chief executive Alan Davies told AFP”. “So we’ve got a number of fancy reds and the colour and the clarity this year is truly unique. They are so rare that all of the pinks you can have in the palm of your hand and all the reds you can count on one hand, so they truly are in the category of luxury collection.” The 2015 collection features five “hero” gems, including a 1.93 carat fancy vivid purplish pink shield-shaped diamond and a 1.47 carat fancy red oval-shape...

Full article: http://www.luxuo.com/jewelry/hero-diamonds-rio-tinto-2015...

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