Rio Tinto ends diamond era with historic final auction

Date:

The tender, called Beyond Rare, includes 52 lots totalling 45.44 carats. (Image courtesy of Rio Tinto.)

Rio Tinto (ASX: RIO) is auctioning its final collection of rare diamonds from its closed Argyle mine in Australia and the soon-to-shutter Diavik operation in Canada. 

The tender, called Beyond Rare, includes 52 lots totalling 45.44 carats and marks the end of an era for two of the world’s most celebrated diamond mines.

The centrepieces are six diamond sets selected to represent the peak of production from the East Kimberley region of Western Australia and the Northwest Territories of Canada. The tender also features 39 individual stones and seven curated sets.

Rio Tinto Diamonds’ general manager of sales and marketing, Patrick Coppens, called the auction a historic moment. “It is hard to overstate the importance of this final collection,” he said in the statement. “No other mining company…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...