Australian pink diamonds set record price
Two diamonds from the Argyle mine in western Australia each sold for more than 2 million dollars in the annual tender sale of pink, red and blue stones.
The extremely rare stones were among 64 diamonds ranging in size from 0.20 to 3.02 carats, Argyle owner Rio Tinto Ltd said on Monday. All 64 stones were sold.
“The Argyle ore body is extraordinary and after 30 years of production it continues to produce the world’s most coveted diamonds,” Argyle boss Jean—Marc Lieberherr said. The mine, 110 kilometres from Kununurra in Western Australia, produces over 90 per cent of the world’s pink diamonds.