Stay updated with breaking news from Argyle Mine. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Prices of rough and polished diamonds will continue to rise amid a prolonged shortage in supply and strong jewelry demand, Alrosa said.Miners reduced rough-diamond production by 20% in 2020, leading to inventory depletion, the Russian company explained Tuesday in its annual report on the...
Argyle pink diamond breaks Australian record Posted July 16, 2021 | By Arabella Roden ⢠Editor A 2-carat fancy intense purplish pink diamond has easily broken the Australian record for a diamond sold at auction, following its sale in the first ‘public tender’ of Argyle pink stones earlier this month. The round brilliant stone was acquired by Brisbane collector Diosma ‘Di’ Fitzpatrick from the Argyle Mine, and was sold by tender organiser YourDiamonds.com for $2.2 million to an anonymous local buyer; the diamond carried an estimate of $1.5–2.5 million. "This record-brea...
Recent record breakers: Pink diamond sold for $37 million Posted June 03, 2021 | By Arabella Roden ⢠Editor Auction house Christie’s has recorded several outstanding results in its recent ‘Magnificent Jewels’ sale in Hong Kong, including the Sakura Diamond, which became the largest purple-pink flawless diamond ever sold at auction. The 15.81-carat fancy vivid stone sold to a telephone bidder for $HK226 million ($AU37.7 million), not including commission – slightly above the low estimate for its final sale price. "We are very excited to have marked another important chapt...
Australian diamond mine revived with new deal Posted May 28, 2021 | By Arabella Roden ⢠Editor Lucapa Diamond Company (Lucapa) has begun the process of acquiring the Merlin Mine in the Northern Territory, one of Australia’s two remaining viable diamond mines, from the liquidators of its previous owner. Valued at $8.5 million, the binding Asset Sale Agreement includes the mining lease and exploration tenement – located approximately 720km southeast of Darwin – as well as equipment and assets. "Hopefully within the next couple of years, we are going to turn [it] around and p...
a href= https://yourdiamonds.com/ target= _blank yourdiamonds.com /a , a little-known Australian technology start up in the diamond sector, founded