Friday, July 14, 2017

Rio Tinto has introduced the world's first coin, which framed a rare red diamond, mined at the mine Argyle (Argyle) in Australia. The coin bears the name "Treasure Kimberly" (Kimberley Treasure) and consists of 1 kg of 99.99 percent pure gold, and includes red diamond weighing 0.54 carat round diamonds mined at the Argyle diamond mine in the East Kimberley region in Western Australia.
Argyle mine produces on a very small percentage of rare pink diamonds, and even fewer rare red diamond. On average Argyle produces 1 carat red diamond year.
Simon Trott (Simon Trott), managing director of Rio Tinto Diamonds, said: "We are pleased to announce the collaboration with The Perth Mint to create this exclusive and significant investment object This coin is a symbol of the unique treasures of Western Australia, and sets a new standard for the limited edition. high-end exclusive products. "
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1 comment:

Pearl Necklace said...

Although almost all of 2015 diamond prices in India fell at the end of last year, they began to grow slowly just before the Christmas holidays, so sentiment Indian diamond market has improved.
As noted in the Rapaport, the price of certified diamonds of various categories rose by 0,5-4,7%. Analysts attribute this growth improve market participants' sentiment in December, and there is a shortage of products on the market due to the closure of a number of enterprises in the November-December 2015. Stocks of diamonds in the Indian market is now lower than usual at this time of year.
In addition, initial data on the results of sales in the holiday season in the United States are positive. Retail sales as a whole increased by about 8%, with online and mobile sales have increased by 50-60%.
The rise in prices was recorded for the first time after almost all of 2015 there was their downfall. According to the price list Rapnet company Rapaport, polished prices of various categories fell 5,8-14,5% last year.
It is clear that now the demand from dealers and retailers are still very limited due to the uncertainty regarding demand in the US after the holidays, and also because of the uncertainty about the possible outcome of the sales in the New Year on the lunar calendar in early February.