A section of the interior of Rio Tinto’s Argyle Diamond Mine in the remote north of Western Australia. The mine will close next year. Photo: James Reeve

Pink diamonds, rare already, about to get more scarce as the biggest mine producing them closes

Rio Tinto-owned Argyle Diamond Mine in remote Western Australia accounts for 90 per cent of worldwide pink diamond production
Auctioneers report rising demand and prices for pink diamonds, driven partly by China, and mine’s closure in 2020 could see that trend strengthen

Topic | Fashion

Aaina Bhargava

Published: 5:00am, 26 Dec, 2019

Updated: 5:50am, 26 Dec, 2019

A section of the interior of Rio Tinto’s Argyle Diamond Mine in the remote north of Western Australia. The mine will close next year. Photo: James Reeve

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Aaina Bhargava

Aaina recently joined SCMP after working as for the online art platform CoBo Social. With a background in art history and emphasis on contemporary art, she has worked for a diverse range of local and international art institutions. She has previously contributed to print and online art/design publications including: Design Anthology, Artomity, Asian Art News, museeum.com, and the Artling’s online magazine.