Pink diamond prices to SOAR after Australian mine that produces 95 per cent of world supply closes — The California Sun

The 12.76 carat Argyle Pink Jubilee pictured in 2012. This rough fancy pink gem is typical of the Argyle mine which has produced more than 90 per cent of world supply since 1983

The price of pink diamonds is expected to soar after the Argyle Diamond Mine which produced nearly the entire world supply closes this week. The world’s largest pink diamond mine began when a group of geologists stumbled across a stone in the Kimberley region of Western Australia in the 1970s. Since owner Rio Tinto began…

Pink diamond prices to SOAR after Australian mine that produces 95 per cent of world supply closes — The California Sun
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