Harsh Maheshwari, executive director of Kunming Diamonds, tells us everything we need to know about pink diamonds
Mining group Rio Tinto’s final Argyle tender collection, titled The Journey Beyond, of 70 rare pink, red, blue and violet diamonds from its Argyle mine in Australia has resulted in the most significant set of record-breaking results in its 38-year history.
Mining ceased at the Argyle Mine in November 2020 and its closure has caused speculation over the secondary market for its pink diamonds, given prices have appreciated by about 500% over the last 20 years.
Here, executive director of Kunming Diamonds Harsh Maheshwari tells us everything we need to know about these precious stones.
See also: The World’s Last Argyle Pink Diamonds Are Now Up for Grabs
They are really rare
"Before its closure last year, the Argyle Diamond Mine supplied approximately 90% of the world’s pink diamonds. A whole year’s worth of production fits into a single champagne flute, making these diamonds the rarest of the rare."