Finding better ways to provide the materials the world needs
Purpose & Values
The drive for innovation and continuous improvement is at the heart of our purpose
Business Strategy
Climate change is at the heart of our business strategy
Innovation
Finding better ways to do things is in our DNA
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Climate Change
We’re targeting net zero emissions by 2050
Tailings
Details of our tailings facilities can be found on our interactive tailings disclosure map
Communities
The strength of our relationships with the communities where we operate, and broader society, is fundamental to our business
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
2024 Half year results
Get the latest news, stories and updates
Things you can't live without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
Investment in high integrity ACCUs
While prioritising our decarbonisation programmes, we are investing in high quality carbon credits
Reducing titanium oxide's carbon footprint
Our BlueSmelting technology could drastically reduce carbon emissions during ore processing
Discover more about life at Rio Tinto
Graduates and students
If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
Available jobs
Join our team
PERTH, Australia--(BUSINESS WIRE)-- Rio Tinto’s 2019 Argyle Pink Diamonds Tender collection of 64 rare pink and red diamonds from its iconic Argyle mine has delivered strong results reflecting intense global demand for the rare diamonds.
The 2019 collection, the 35th Tender since the mine began production, saw double digit growth in the number of bids, with successful bidders coming from nine countries.
Whilst bids and total values remain confidential, Lot number 1, Argyle Enigma™, the most valuable diamond in the collection, was won by Australian based Argyle Pink Diamonds partner Blue Star & Kiven Diamonds. Blue Star & Kiven Diamonds also won Lot number 4, Argyle Verity™.
Ron Kiven, Director of Blue Star & Kiven Diamonds part of the Aurostar Group said “No other diamonds on earth match the rarity and provenance of Argyle pink diamonds. To have acquired two of the last Argyle pink diamonds to ever be unearthed, and one of the few Fancy Red Argyle diamonds in existence is the ultimate privilege”.
Almost the entire world supply of rare pink, red and violet diamonds come from Rio Tinto’s Argyle diamond mine which will close at the end of 2020. Over the past 19 years the value of Argyle pink diamonds sold at Tender has appreciated more than 500 per cent, outperforming all major equity markets.
Rio Tinto Copper & Diamonds vice president of sales and marketing, Alan Chirgwin said “The 2019 Argyle Pink Diamonds Tender was highly sought after with a set of results that underscores the ongoing value appreciation of these gems in the history of rare coloured diamonds.”
The 2019 Argyle Pink Diamonds Tender collection was accompanied for the first time by an exclusive selection of smaller Argyle pink and red diamonds. Known as The Argyle Pink Everlastings™ Collection and comprising 64 lots of carefully curated diamonds, weighing in total 211 carats, it was sold in its entirety to Hong Kong fancy coloured diamond specialist, Kunming Diamonds.
Speaking on behalf of the Kunming Diamonds and his father Ajay Maheshwari (Jakhotia), Harsh Maheshwari, Director of Kunming Diamonds said “ This is a dream come true, a rare opportunity to acquire a once in a lifetime collection of pink and red Argyle diamonds. With the imminent closure of the Argyle mine, a collection such as this deserves to be showcased to the world and we look forward to announcing our plans at a later date.”
Rio Tinto Copper & Diamonds vice president of sales and marketing, Alan Chirgwin said “We are delighted with Kunming’s global bid for The Argyle Pink Everlastings Collection, a spectacular collection and an important legacy of the Argyle mine.”
High resolution images of the 2019 Argyle Pink Diamonds Tender hero diamonds and The Argyle Everlastings Collection are available on Flickr.
Follow @RioTinto on Twitter
View source version on businesswire.com: https://www.businesswire.com/news/home/20191120005420/en/
enquiries@argylepinkdiamonds.com.au www.argylepinkdiamonds.com.au
Communications Manager, Rio Tinto Diamonds Robyn Ellison M + 61 417 968 359 E robyn.ellison@riotinto.com
Media Relations, United Kingdom Illtud Harri M +44 7920 503 600
David Outhwaite T +44 20 7781 1623 M +44 7787 597 493
Media Relations, Americas Matthew Klar T +1 514 608 4429
Media Relations, Asia Grant Donald T +65 6679 9290 M +65 9722 6028
Media Relations, Australia Jonathan Rose T +61 3 9283 3088 M +61 447 028 913
Matt Chambers T +61 3 9283 3087 M +61 433 525 739
Jesse Riseborough T +61 8 6211 6013 M +61 436 653 412
Rio Tinto plc 6 St James’s Square London SW1Y 4AD United Kingdom T +44 20 7781 2000 Registered in England No. 719885
Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404
Category: Argyle
Source: Rio Tinto
How we process personal data provided or obtained through this website.
With the exception of the use of cookies, Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of our Privacy Policy), and also applicable data privacy laws.
With the exception of the use of cookies (explained below), Rio Tinto generally does not seek to collect personal data through this website. However if you choose to provide personal data to Rio Tinto through this website (for example, by sending us an email), we will process that personal data to answer your query and if relevant, to manage our business relationship with you or your company. We won't process that personal data for other purposes except where required to meet our legal obligations or otherwise as authorised by law and notified to you.
Part 1 of this Privacy Policy contains the Rio Tinto Data Privacy Standard, which provides an overview of Rio Tinto’s approach to personal data processing. There is additional information in the appendices to the Data Privacy Standard, including information about disclosures, trans-border data transfers, the exercise of data subject rights and how to make complaints or obtain further information relating to Rio Tinto’s processing of your personal data.
If you choose to subscribe to our media releases or other communications, you can unsubscribe at any time (by following the instructions in the email or by contacting us at digital.comms@riotinto.com).
With your consent, our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.
A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer if you agree. Cookies contain information that is transferred to your computer's hard drive.
As some data privacy laws regulate IP addresses and other information collected through the use of cookies as personal data, Rio Tinto’s processing of such personal data needs to comply with its Data Privacy Standard (see Part 1 of this Privacy Policy), and also applicable data privacy laws.
These Cookies are used to provide a better user experience on the site, such as by measuring interactions with particular content or remembering your settings such as language or video playback preferences.
These Cookies allow us to analyse site usage in order to evaluate and improve its performance. They help us know how often you come to our site and when, how long you stay and any performance issues you experience whilst you are on our site.
These Cookies are used by advertising companies to inform and serve personalised ads to your devices based on your interests. These Cookies also facilitate sharing information with social networks or recording your interactions with particular ads.