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Rio Tinto
Rio Tinto Output Falls Amid Lower Grades
Lower mining grades and reduced ore availability contributedto a drop in Rio Tinto’s third-quarter diamond production, the company reportedWednesday. Output at its wholly owned Argyle mine in Australiafell 7% year on year, yielding 3.6 million carats...
Mining Oct 17, 2019 Rapaport News
Rio Tinto
Rio Tinto Unveils Array of Rare Argyle Pinks
Rio Tinto has launched a collection of rare pinkdiamonds from its Argyle mine, which has been specially curated to showcase thefull color palette of the deposit’s stones. The Argyle Pink Everlastings collection contains 64 lots...
Mining Sep 09, 2019 Rapaport News
pink and yellow fancy color 150
Pinks Show Strongest Price Growth
Prices of pink fancy-color diamonds outperformed other majorcolor categories during the second quarter, the Fancy Color Research Foundation(FCRF) said. Prices of pinks rose 0.4% quarter on quarter for the threemonths ending June 30,...
Polished Markets Aug 05, 2019 Rapaport News
Rio Tinto
Rio Tinto Incurs Loss in Diamond Division
Weak rough prices pushed Rio Tinto’s diamond unit into thered in the first half of the year, the miner reported Thursday. The division recorded a net loss of $5 million for the sixmonths ending June...
Mining Aug 01, 2019 Rapaport News
Firestone
Small-Stone Slump Hits Firestone Revenue
Firestone Diamonds saw a decline in sales during its fiscal fourth quarter due to a drop in demand for small, lower-value diamonds that make up the bulk of its supply. The company reported sales of $12.7 million for...
Mining Jul 29, 2019 Rapaport News
Argyle mine 600
Rio Tinto Output Falls in 1H
Diamond production at Rio Tinto dropped 10% year on year inthe first half of 2019, as the miner recovered lower-grade ore at its Argylemine in Australia. The company’s share of production at the Argyle and Diavik mines came...
Mining Jul 16, 2019 Rapaport News
Rio Tinto Argyle pink tender 2019
Rio Tinto Unveils Roster of Pink Diamonds
Rio Tinto has launched what’s likely to be one of its lastannual pink-diamond tenders, as the company gears up to close its flagshipArgyle mine.The Argyle Pink Diamonds Tender, which has run since 1984,comprises rare polished colored...
Polished Markets Jul 14, 2019 Rapaport News
Argyle Octavia 150
Argyle Yields Its Largest-Ever White Diamond
Rio Tinto’s Argyle mine has yielded the largest gem-qualitywhite diamond in its 35-year history, the miner said Tuesday. The 28.84-carat stone, named Argyle Octavia for itsoctahedral shape, was discovered at the Australia-located...
Mining Apr 23, 2019 Rapaport News
Rio Tinto
Rio Tinto Diamond Production Falls
Diamond production at Rio Tinto dropped 18% year on year inthe first quarter of 2019, as the miner recovered lower-grade ore at its twodeposits. Production came to 3.8 million carats for the three monthsending March 31,...
Mining Apr 16, 2019 Rapaport News
Gahcho Kué
Analysts Expect Flat Rough Prices in 2019
Rough-diamond prices will remain sluggish this year as themarket challenges that arose in the second half of last year are set to continue,two investment banks have warned.Prices are likely to drop 1% to 2% in the first half of2019,...
Rough Markets Mar 28, 2019 Rapaport News
Rio Tinto
Rio Tinto’s Diamond Sales Slip in 2018
Revenue from Rio Tinto’s diamond division slid 1.6% to $695million in 2018, the miner reported Wednesday. The diamond unit’s profit rose 28% to $118 million, whileearnings before interest, tax, depreciation and amortization (EBITDA)...
Mining Feb 27, 2019 Rapaport News
Rio Tinto Argyle
Rio Tinto 2018 Recoveries Decline
Recovery of lower-grade ore at Rio Tinto’s Argyle and Diavikmines led to a 15% drop in the company’s diamond production to 18.4 million carats in 2018.Output at the Argyle asset in Australia slid 18% to 14.1 million carats for the...
Mining Jan 20, 2019 Rapaport News
Argyle
Argyle Pink Diamond Tender Sets Records
Rio Tinto broke records at its 2018 Argyle Pink DiamondsTender as a 2.28-carat stone became the most valuable in the event’s 34-yearhistory, the miner said. The fancy-purplish-red Argyle Muse was the top seller at thetender,...
Mining Nov 12, 2018 Rapaport News
Tinto Rio
Production Falls in Rio Tinto’s Third Quarter
Recovery of lower-grade ore at Rio Tinto’s Argyle and Diavikmines led to a 17% drop in production in the third quarter.Output came to 4.9 million carats for the three monthsending September 30, the company said Tuesday. The...
Mining Oct 16, 2018 Rapaport News
Argyle 150
Diamond Resources Might Not Be Forever
While it’s true that value comes from rarity, no naturalresource lasts forever, and the rare is becoming even rarer. Diamond productionis set to peak in 2019, after which it will begin a steady decline. De Beersestimates global...
Mining Aug 14, 2018 Leah Meirovich
Rio Tinto 150
Rio Tinto Production Grows
Diamond production at Rio Tinto rose 7% year on year in the second quarter of 2018, driven by an increase in outputfrom its Argyle mine.Production came to 4.6 million carats for the three months ending June 30, the company...
Mining Jul 17, 2018 Rapaport News
Argyle Pinks 150
Rio Tinto to Sell Largest Argyle Vivid Pink
Rio Tinto will offer a 3.14-carat, vivid pink diamond at its2018 tender, the largest stone of its color in the history of the annual salesevent. The emerald-cut Argyle Alpha (pictured, third from left) is one of 63 rare...
Mining Jul 12, 2018 Rapaport News
Mithali Raj Rio Tinto As Real As You
Rio Tinto Launches ‘As Real as You’ India Campaign
Rio Tinto has launched an advertising campaign in India thatwill highlight a new range of fashion and bridal jewelry featuring Australiandiamonds sourced from its Argyle mine. The collections featured in the “As Real as You” campaign...
Retail Jul 03, 2018 Rapaport News
Rio Tinto 150
Argyle Boosts Rio Tinto Production
Diamond production at Rio Tinto rose 11% year on year to 4.6million carats in the first quarter of 2018, driven by an increase in outputfrom its Argyle mine. The Australia-based operation yielded nearly 3.6 million caratsin the first...
Mining Apr 22, 2018 Rapaport News
Rio Tinto Argyle mine
Rio Tinto Slashes Argyle Outlook
Rio Tinto has lowered its estimate of diamonds it can viably extract from the Argyle mine, after experiencing operationaldifficulties and reducing its price forecast. The asset’s ore reserves slumped 45% to 16 million tonnes...
Mining Mar 05, 2018 Rapaport News
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