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
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Fashion
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