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

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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 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.