Home Finance specialist Rio Tinto’s historic 2021 Argyle Pink Diamonds â„¢ tender delivers record results

Rio Tinto’s historic 2021 Argyle Pink Diamonds â„¢ tender delivers record results


MELBOURNE, Australia, October 27, 2021– (COMMERCIAL THREAD) – Rio Tinto’s 2021 Argyle Pink Diamonds â„¢ Tender collection of 70 rare pink and red diamonds from its Argyle mine in Australia delivered the largest set of record results in its 38-year history.

The 2021 collection, entitled The journey beyondâ„¢, is a historic collection comprising the pinnacle of Argyle production, operated in its final year of operation, before closing in November 2020.

The 2021 Argyle Pink Diamonds â„¢ offering achieved record price performance for individual diamonds and for the collection as a whole. Diamonds have been fiercely contested around the world in a series of virtual and face-to-face viewings.

Sinead Kaufman, Managing Director of Rio Tinto Minerals, said: “We are delighted with these results which reflect the beauty, rarity and unique provenance of pink Argyle diamonds. They also testify to all those who participated in the removal of these precious stones in a mine. in distant Western Australia to the rest of the world. “

The 2021 collection continued its double-digit price growth trajectory with 19 successful bidders from nine countries. Lot number 1, Argyle Eclipse ™, a radiant-shaped 3.47-carat Fancy Intense Pink diamond was won by renowned Australian jeweler and Argyle Pink Diamonds Select Atelier ™, Calleija. Calleija was also the winner of lot number 5, Argyle Bohème ™, a fancy red radiant diamond of 1.01 carat. With COVID-19 restrictions in place in Australia, Calleija is bidding exclusively on the basis of a virtual visualization of the collection.

Jeweler John Calleija said: “It is an extraordinary opportunity and a privilege to be a part of this historic collection. We are honored to be the custodians of this unique Australian jewelry and are delighted to be a part of their lasting legacy.”

The other three hero diamonds in the 2021 Argyle Pink Diamonds collection have been won by longtime bidders, with lot number 2, Argyle Stella â„¢ and lot number 4, Argyle Solaris â„¢ going to Singapore and lot number 3, Argyle Lumiere â„¢ in the United States.

Almost all of the global supply of rare pink, red and purple diamonds comes from Rio Tinto’s Argyle diamond mine, which ceased production on November 3, 2020. With 37 years of production of pink Argyle diamonds in the markets world championships, Rio Tinto has decided to keep the Argyle Pink. Diamonds â„¢ and maintain its position as a preeminent specialist in fancy colored diamonds.

Sinead Kaufman said, “We are extremely proud of the Argyle Pink Diamonds business and its legacy will continue as we retain and manage the brand through an exclusive Argyle Pink Diamond trading platform, certification processes and collaborations. creative with our trusted partners. “

In addition to owning the Argyle Pink Diamonds â„¢ brand, Rio Tinto is the majority owner and operator of the Diavik diamond mine in the Northwest Territories of Canada and has signed an exploration joint venture agreement with Endiama, the national company. diamond mining from Angola, to evaluate the Chiri kimberlite in the province of Lunda Sul in Angola.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211027005509/en/


Please direct all inquiries to [email protected]

Communications Manager, Rio Tinto Diamonds

Robyn ellison
M + 61 417 968 ​​359
E [email protected]

Media Relations, UK

Illtud harri
+44 7920 503 600

David Outhwaite
+44 7787 597 493

Media Relations, Australia

Jonathan rose
+61 447 028 913

Matt Bedrooms
+61 433 525 739

Jesse Riseborough
+61 436 653 412

Media Relations, Americas

Matthew Klar
T +1 514 608 4429

Rio Tinto plc

6 Place Saint-Jacques
London SW1Y 4AD

T +44 20 7781 2000
Registered in England
No. 719885

Rio Tinto Limited

Level 7, 360 Collins Street
Melbourne 3000

T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404


Category: Argyle

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