Tag: Rio Tinto

Say Hello to the Argyle Pink Hero Stones for 2015!

Argyle Pink Diamonds proudly announced the 2015 Hero Stones and they are stunning!

The collection includes five hero diamonds which have been individually named, inspired by the world of ballet in recognition of Argyle’s partnership with the Australian Ballet. (see below)
  • Argyle Prima – a 1.20 carat Fancy Red pear shaped diamond coveted for its unique combination of size, shape, colour and clarity which is rarely seen in the rarefied fancy coloured diamond world
  • Argyle Aurora – a 1.47 carat Fancy Red oval shaped diamond, named in honour of Princess Aurora from The Sleeping Beauty
  • Argyle Allegro – a 0.79 carat Fancy Red radiant shaped diamond, named after the brisk and lively ballet movement and reminiscent of the red colour dancing within this diamond
  • Argyle Spectre – a 1.93 carat Fancy Vivid Purplish Pink shield shaped diamond. The vibrant pink colour and strong shape of this diamond is inspired by the ballet Le Spectre de la rose
  • Argyle Élevé – 1.44 carat Fancy Intense Pink emerald shaped diamond, inspired by the ballet movement of rising high without bending and reflecting of the perfect long lines and elegance of the emerald shape.
Red diamonds are extremely rare. Basically they are very strongly and deeply colored pink diamonds, with the same cause of color, crystal distortion. This combination is so rare that most jeweler and diamond dealers have never even seen a natural red diamond. They do not get large with the 5.11 carat Moussiaf Red shield being the largest known red. – NCDIA
2015 Argyle Pink Diamond Hero Tender Stones

2015 Argyle Pink Diamond Hero Tender Stones

The 2015 Argyle Pink Diamond Tender will have viewings in Sydney, Hong Kong, New York and Perth. Bids close on October 21. The 2015 Tender, known as the “Connoisseur’s Collection”, comprises 65 diamonds weighing a total of 44.14 carats, including four Fancy Red diamonds, and is expected to attract global demand.

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Rio Tinto’s 2015 Argyle Tender is back with some Red Diamonds

Argyle Preview-8999

Super-rare red diamonds, prized by collectors and the glitterati, are set to steal the limelight at Rio Tinto’s annual tender of its best coloured diamonds.Only a handful of the tens of millions of carats produced at Rio’s Argyle mine in the Kimberley are reds, and Mother Nature has been kind this year.

Each one is about 1.6 billion years old. “The colour and clarity this year is exceptional,” said Rio Tinto diamonds & minerals chief executive Alan Davies. “The fancy reds are just a fluke of nature, it’s the extra pressure and the extra heat that generates them.”

2015 Argyle Pink Diamond Hero Tender Stones

2015 Argyle Pink Diamond Hero Tender Stones

With names inspired by the world of ballet, the five top-pick “hero” diamonds in this year’s tender include three reds.The top-billed Argyle Prima, a 1.20-carat pear-shaped “fancy red”, is said to combine qualities of size, shape, colour and clarity rarely seen even in the exclusive world of fancy coloured diamonds.

Nicole Kidman, Barbra Streisand and Jennifer Lopez are among owners of pink diamonds, 90 per cent of which are produced at Argyle, where a $2 billion investment to take the operation underground is nearing completion.With no guarantee of the mine’s future after 2020, buyers may have only a few more years to snap up the sought-after pink and red stones. With no guarantee of the mine's future after 2020, buyers may have only a few more years to snap up the sought-after pink and red stones.
“We’re invested through until 2020 and we’re seeing what will happen after that,” Mr Davies said at the world preview of this year’s tender at the Sydney Opera House on Friday.
The results of the annual sealed tender are always kept under wraps.

All Mr Davies will say of the total value of the 64 stones in the 2015 offer, comprising 44.14 carats, is it involves “lots of zeros”. The success of Rio Tinto’s marketing for coloured diamonds has been such that pinks and reds are worth more per carat than traditional brilliant whites. Viewings of the diamonds by potential bidders, which are strictly by invitation only, commenced this week in Sydney, and will continue in Hong Kong, New York and Perth before the tender closes on October 21.


Ballerina Dimity Azoury from the Australian Ballet holds up the “Argyle Prima”, a 1.20 carat Fancy Red diamond, during the launch of Rio Tinto’s Argyle Pink Diamonds Tender in Sydney on June 26, 2015. (Agence France-Presse Photo)

Information courtesy of Angela Macdonald-Smith from AFW
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