Rio Tinto (ASX, LON: RIO) announced that its iconic Argyle Pink Diamonds Tender is being showcased in Singapore this week.
In a press release, the mining giant said that headlining the 2019 collection of 64 pink and red diamonds is Lot 1 with the 1.75-carat Argyle Enigma, a modified radiant fancy red diamond.
“With an unrivalled potency of colour the Argyle Enigma is one of three fancy red diamonds in the collection that will be keenly sought after from across Asia where the colour red is highly symbolic,” the miner’s media brief states.
The diamonds in the tender weigh a total of 56.28 carats and, according to Rio, include six ‘hero’ diamonds selected for their unique beauty and named to ensure there is a permanent record of their contribution to the history of the world’s most important diamonds.
Besides the Enigma, the showcase includes the 1.48-carat, heart-shaped purplish-pink Argyle Amari; the 1.20-carat Argyle Elysian, a modified cushion-shaped fancy vivid pink gem; the 1.37-carat, oval-shaped Argyle Verity, which is purplish-pink; the Argyle Opus, which is a 2.01-carat, round-shaped fancy intense pink diamond; and the Argyle Avenoir, a 1.07-carat oval-shaped fancy red diamond.
Rio Tinto’s Argyle mine, located in the far north of Western Australia, produces virtually the world’s entire supply of pink, red and violet diamonds.
The mine has been in operation since 1983 and it is scheduled to close in 2020 after almost four decades of production
Rav's enthusiasm and passion is contagious! I have a lot of faith and belief in Rav and have no doubt that he will climb the ladder of success. My investment has had a life line of 6 months and whilst I acknowledge that this is a short time, I am more than satisfied with the way things are going.
It has been a pleasure working with Rav & his Group and I am excited about how far this company can grow over the next 5 years. A lot to look forward to.
Not much to complain about regarding this young man, I have followed his movements since 2012 and I am happy to see him pushing and progressing slowly towards his goals. Good luck to you Rav!
A gentleman in all aspects, Rav has treated me and my portfolio with the utter most respect. How many collectors can boast a rare gem portfolio that consists of a Red diamond?!! Rav has knowledge, confidence and reach, making him a very capable young man.
Happy with the way things are going, a little over 18 months in to my investment and no reason for complaints. I like the vision, the strategy and the enthusiasm that Rav brings to the table, making me feel confident about the future ahead.
Very easy going, considerate and polite. He has been very promising, hard working and supportive person. Rav's style of presenting his business portfolio and approach was never pushing. He understands both sides of the world and is keen on making sustainable stronger long term relationship with his clients. This type of qualities are very rare and unique.
I have had the pleasure of working with Rav over the past 4 years. Over this period Rav has helped shape my rare gem portfolio in to a world class profile. Rav is a man of insight, knowledge and market intuition. His services are highly recommended.
Rav is at the start of his journey, and I can see this young man building a formidable legacy over the next 20 years. His vision, understanding of the market and client requirement is a foresight that should not be underestimated.
I have been a client of Rav's since 2010, and also one of his first clients. I take great pride in watching this ambitious man grow and evolve. The fact that he is now the leading specialist in the field of rare gems, speaks volume of his contribution over the past 8 years.
Rav is the man of the moment over in the UK. His history, experience and strong performance in this sector is not to be underestimated. I would not hesitate to recommend Rav's services to anyone that may be looking to build a tangible portfolio of rare gems to place in to an investment strategy.
Rav is creative and passionate in his work and craft. I have been a client of his since 2016 & have enjoyed the journey.