The 2019 Argyle Pink Diamonds Tender was unveiled last week, with this year’s collection comprised of 64 rare coloured diamonds, including three exceptionally rare Fancy Red diamonds, weighing 56.28 carats in total.
The stunning collection was released on site at the Argyle Diamond Mine in the East Kimberly Region of Western Australia, and will be showcased in Perth, Hong Kong and New York in the coming months.
Commenting on the incredible diamonds that make up the 2019 tender, Rio Tinto Copper and Diamonds Chief Executive, Arnaud Soirat, made note that; “These diamonds, each a natural treasure, are a testament to the enormous range and depth of offering from the Argyle ore body, nearly four decades from when production commenced.”
Even more importantly for investors, Soirat’s comments about this year’s Tender highlighted the shrinking supply and growing demand dynamics at play with regards to rare pink diamonds.
The Chief Executive confirmed that; “in late 2020 we’ll be stopping operations,” and that “Rio Tinto’s Argyle mine is the first and only ongoing source of rare pink diamonds in history. With the lifecycle of this extraordinary mine approaching its end, we have seen, and continue to see, unstoppable demand for these truly limited-edition diamonds and strong value appreciation.”