Rio Tinto’s Argyle Mine in Western Australia


There's no time like now. Whether it's the next bear market, looming over our near future (or not), or an unnerving bitcoin market volatility, add this note to your near term investment strategy: Red and Pink Diamonds are super rare. And they are about to go extinct!

The reason is simple - there is a finite amount of Diamonds on earth, and while nobody knows the exact carats left to be found, a prognosis can be made. In the case of fancy red and pink Diamonds that means: Buy now! Rio Tinto’s Argyle Mine in Western Australia — the world’s most prolific diamond mine and primary source for pink, red and blue diamonds — is nearly tapped out. The mine is expected to cease operations in 2021 after a 38-year run that has produced more than 800 million carats of rough diamonds. Red diamonds are so rare that in the 33-year history of the Argyle Pink Diamonds Tender there have been fewer than 20 carats of fancy red certified diamonds sold.

Rio Tinto’s Argyle mine is currently the largest diamond producer in the world by volume and accounts for 90 percent of the world’s pink diamonds. Once shuttered, the world’s annual supply of fancy-colored pinks, reds and blues are expected to diminish, forcing prices sky high. A current secret bid for the latest tender of fancy red and pink Diamonds is expected to set new records for the highest price ever paid per carat for a gemstone. It is believed that red diamonds get their rich color from a molecular structure distortion that occurs as the jewel forms in the earth’s crust. By contrast, other colored diamonds get their color from trace elements, such as boron (yielding a blue diamond) or nitrogen (yielding yellow), in their chemical composition.


While the bulk of Argyle’s yearly output is brown in color, only a minute segment of the production represents fancy-color diamonds so rare and so valuable that only 16 people in the world are permitted to touch them. According to a recent article in The Western Australian, Rio Tinto has 50,000 employees worldwide and not even its London-based CEO, Jean-Sebastien Jacques, is allowed handle the 58 diamonds that make up the 2017 Argyle Pink Diamonds Tender. While we don't belong to this most illustrious circle, we have plenty of Diamonds for you in case White Diamonds will do ;)