27 Jun 2022
DiamondWorld Directory
Home |
Rio Tinto’s rough diamond tender achieves unprecedented response
The tender offered 124 lots from its Argyle, Diavik and Murowa mines
By: Diamond World News Service
Apr 10 2014 5:43PM
Reference: 9021  

Rio Tinto achieved to attract both a tremendous participation as also a record number of successful bidders for its first rough diamond tender for 2014. The tender offering 124 lots of rough diamonds from its Argyle (Australian), Diavik (Canadian) and Murowa (Zimbabwean) mines, delivered a strong results.

It was a tender offering a unique combination of white and fancy coloured rough diamonds. It was awarded to 44 successful companies. “We were delighted with the bidding, the global nature of the successful bidders and the final result. It speaks to the strong demand for our diverse diamond portfolio,” said Patrick Coppens, General manager for the sales of all Rio Tinto diamond productions.

The most valuable diamond in total dollars was an exceptional 70 carat white diamond from the Diavik mine. Fancy coloured rough diamonds from all three Rio Tinto mines – the yellow, champagne, cognac, pink and purple diamonds were sold to diamond specialists from around the world.

Israeli diamond manufacturer L & N Diamonds, a significant winner at the tender and a Rio Tinto Select Diamantaire said “It was great to see the tender in both Antwerp and the highly competitive Israeli diamond industry. Whilst we were delighted with our diamonds the ultimate beneficiary will be the consumer when these diamonds will be transformed into beautiful jewellery for the major consumer markets around the world.”

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31011
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8064
GJEPC Chairman Interview
Views: 27227
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 37764
Promo for IJ Awards 2012 at NDTV Profit
Views: 51758
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 65406
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21144
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 49590
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 50971
Member of:
Supporter of: