The unique geological chemistry of the Western Australia location birthed the rarest hues, including champagne, cognac, blue, violet and of course the coveted Argyle pink and red diamonds.
Pink and red diamonds are among the most special gems in the world. The value of these highly sought-after natural stones speaks for itself, but their rarity has arguably increased since the closure of Rio Tinto’s (ASX:RIO,LSE:RIO,NYSE:RIO) Argyle mine.
The asset, which ceased mining activity on November 3, 2020, had been in operation since 1983. In that time, 865 million carats of rough diamonds were produced.
The unique geological chemistry of the Western Australia location birthed the rarest hues, including champagne, cognac, blue, violet and of course, the coveted Argyle pink and red diamonds. Millions of carats of white diamonds were produced at the prolific property as well.
New collection of prestigious Argyle pink diamonds released in Australia Posted February 23, 2021 | By Arabella Roden ⢠Editor John Glajz, a Singapore-based Argyle Pink Diamond Authorised partner and regional ambassador for the Natural Color Diamond Association (NCDIA), has created a second limited-edition curated collection of 1,000 Argyle pink diamonds, following the success of the original collection in 2017.
Like the 2017 collection, the 2021 stones will each be independently certified by the International Gemological Institute (IGI) and come with reports and security seals to prove their authenticity.
Glajz said, “Having seen the production volumes of these rare diamonds dwindle and their prices increase over a 25-year period, I wanted to create a collection that was independently graded in accordance to international gemmological standards and also independently security-sealed in order to make the diamonds attainable for the broader market.”
Fancy colour diamonds prices slip amid COVID-19 pandemic Posted February 17, 2021 | By Callum Glennen Yellow, pink and blue diamonds all recorded minor price falls during 2020, new figures from the Fancy Color Research Foundation (FCRF) have revealed.
According to the organisation – which has tracked colour diamond prices for more than a decade based on sales data collected in major international diamond trading markets – prices fell by less than one percent during the past calendar year.
Blues saw the biggest dip, falling by 1.3 per cent, while yellows and pinks decreased by 0.3 and 0.9 per cent respectively. 2020 was a fascinating year; wholesalers and retailers alike had to overcome many logistical hurdles. while demand for fancy colour diamonds was solid