February 29th, 2012 Terry
It’s taken 26 years of production to unearth this rare pink diamond.
Pink diamonds are one of the most valuable jewels in the world – and now Rio Tinto miners in Australia have unearthed the biggest ever found in the country.
The company’s Argyle mine, situated in the Kimberly region, produces a staggering 90 per cent of the world’s pink diamonds and is describing this example as ‘unprecedented’.
It has named the 12.76-carat jewel the Argyle Pink Jubilee and the bookies believe it may fetch between $50 million at auction.
A diamond of this calibre is unprecedented – it has taken 26 years of Argyle production to unearth this stone, and we may never see one like this again,’ said Argyle Pink Diamonds Manager Josephine Johnson in a statement.
Pink diamonds were made famous throughout the world thanks to the popular Pink Panther films starring Peter Sellers.
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