Rio
Tinto's recent "Specials" Tender, which showcases rough gem-quality
diamonds greater than 10.8 carats from its three operating diamond mines
in Australia, Canada and Zimbabwe, comprised 104 parcels of diamonds.
The tender, which took place in Antwerp and Israel from October 3-24,
featured large fancy cognac diamonds from the Argyle mine in Western
Australia. Additionally, the most valuable diamond on offer was a
74-carat diamond from the Murowa mine in Zimbabwe.
Without
divulging specific numbers of diamond parcels sold or prices paid for
them, Rio Tinto said that the tender results were "strong." According to
Patrick Coppens, General Manager of Sales for Rio Tinto Diamonds, "this
Specials Tender showcases the unique portfolio of Rio Tinto's diamonds
mines and the results reflect the strong demand and resilience for
diamonds at this end of the market."
More
than 100 diamond specialists from around the world were invited to bid
on the Rio Tinto Diamonds Specials Tender. Participants placed their
bids via Rio Tinto Diamonds online bidding platform. Thirty-four
companies were successful with strong representation from Israel.
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