Rio Tinto's exceptional pink diamonds set to entice collectors and investors alike

Perth, August 18, 2010 - Rio Tinto today announced the launch of its exclusive 2010 Argyle Pink Diamonds Tender, an increasingly rare opportunity to purchase the world's most precious pink diamonds.

This exceptional collection showcases 55 of the finest pink diamonds in the world and is notable for the unparalleled depth of colour across all lots. Commenting on the 2010 Tender collection, Josephine Archer, Business Manager for Argyle Pink Diamonds says, "We are delighted to showcase this beautiful collection to the world. The colour saturation across this year's collection has set a new benchmark with many more "vivid" pinks than previous years."

A highlight of the 2010 collection is a classic 2.02 carat round brilliant fancy vivid purplish pink diamond. Inspired by the Tender collection's theme of "Earth Magic", Argyle MystraTM, will undoubtedly captivate bidders with its colour saturation and purplish hues. Two other hero stones have also been named in honour of mystical metaphors - Argyle IrisTM, a beautiful 1.43 carat fancy purplish red square shaped diamond, named after the Greek messenger goddess and, representing a touch of heaven on Earth, Argyle AvaTM, an exquisite 0.50 carat fancy purplish red round shaped diamond.

As awareness and understanding of the uniqueness of pink diamonds from the Argyle mine has grown, so too has an appreciation of the increasing rarity and investment potential of Argyle pink diamonds. In recognition of this limited edition status, and to coincide with the 2010 Tender, Argyle Pink Diamonds has released a new publication, Rare and Collectable that places this rarity in the context of global supply and demand and the resulting strong price appreciation. This publication is considered timely given the increasing propensity for affluent investors and collectors to diversify their portfolios through acquisitions of rare diamonds.

This will also be the first year that the Argyle Pink Diamonds Tender will be showcased in mainland China, in recognition of the growing importance of this market for rare coloured diamonds. According to Jean-Marc Lieberherr, General Manager for the sales and marketing of all diamonds from Rio Tinto's mines,

"These diamonds are the finest in their class and Australia's most beautiful export. In the world of luxury products, Argyle pink diamonds are likened to works of art, hidden treasure, rare books and unique icons. The 2010 Tender collection will not disappoint connoisseurs, collectors and investors of the finest things in life,"

Tender viewings will be held in Perth (August16-20), Hong Kong (September 13-20), Shanghai (September 25) and New York (October12-17).

Media release - please click here to view details [PDF: 144 KB]