Recorded WebinarsNov 10, 2022
Watch: Tips to Protect Your People and Property During Severe Weather Policies & IssuesJan 10, 2023
Rio Tinto Donates $2M to Kimberley Flood Relief
“Once-in-a-century” floods have devastated the region, once home to the Argyle mine.
A shot from closing day at the Argyle Mine in November 2020. The diamond mine was located in the Kimberley region of Western Australia, which is currently experiencing historic flooding. Miner Rio Tinto is among those donating to flood relief efforts in the region.
Perth, Australia—Mining company Rio Tinto announced Monday it is giving $2 million and matching employee donations to a fund set up to support those impacted by historic flooding in Kimberley, Western Australia.
A largely rural and sparsely populated region of Western Australia that’s slightly smaller than California, Kimberley was home to the famous Argyle Diamond Mine from 1983 until it closed in November 2020.
The region has been pummeled with a record amount of rain from Ellie, a former tropical cyclone that generated what news outlets describe as “once-in-century” floods across northwest Australia. (This may sound familiar to many Californians, who are also dealing with widespread flooding and are now facing a potential “parade of cyclones” out of the Pacific Ocean.)
Related stories will be right here …
A largely rural and sparsely populated region of Western Australia that’s slightly smaller than California, Kimberley was home to the famous Argyle Diamond Mine from 1983 until it closed in November 2020.
The region has been pummeled with a record amount of rain from Ellie, a former tropical cyclone that generated what news outlets describe as “once-in-century” floods across northwest Australia. (This may sound familiar to many Californians, who are also dealing with widespread flooding and are now facing a potential “parade of cyclones” out of the Pacific Ocean.)
Rio Tinto’s donation went to the Lord Mayor’s Distress Relief Fund, which was reopened Monday. The company said it will match any employee donations to the fund dollar-for-dollar.
“For more than 50 years our people have been helping to build thriving and resilient communities across Western Australia,” said Simon Trott, chief executive of the company’s iron ore division.
“Rio Tinto employees will be devastated for the people and communities in the Kimberley region and we will also be matching their donations. We are also working with our community partners and stakeholders in the Kimberley to see what further assistance we can provide to make a positive contribution on the ground.”
More on Policies & Issues
The Latest
Lab-GrownDec 01, 2023
Lightbox Teams Up With Brand Founded by Former Tiffany ExecThe lab-grown diamond brand also collaborated with the website The Future Rocks on a collection launching today.
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales DipThe company said it is facing a “challenging retail environment” but is prepared for the holiday season.
CollectionsDec 01, 2023
Piece of the Week: Muzo’s Emerald and Argyle Pink Diamond NecklaceIt’s the hero piece of the newest "Green Jewel" collection, a collaborative offering from the two mines.
Brought to you by
If It’s Custom, Make It PlatinumWith holiday proposals right around the corner, encourage your customers to go for platinum when making the big purchase.
AuctionsNov 30, 2023
This Pink Diamond Reigned Supreme in Hong KongThe 15.48-carat fancy intense “Pink Supreme” topped Christie’s fall jewelry auction in Asia, while a Patek Philippe led the watch sale.
Weekly QuizNov 30, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
MajorsNov 30, 2023
Claire’s Hires Former Bath & Body Works Exec as CFO, COOChris Cramer, who also spent time at Gen Z intimates brand Parade, will take on the dual role.
AuctionsNov 30, 2023
Sotheby’s To Auction 133-Carat Yellow DiamondThe stone headlining the upcoming sale could fetch up to $5 million.
Brought to you by
Did You Know? The Vital Role of IGI: The International Gemological InstituteIn a world where the sparkle of a gemstone is only as brilliant as the trust behind it, IGI's purpose is truly invaluable.
IndependentsNov 30, 2023
Frank Adams Rolls Out Kwiat’s ‘Mine to Shine’ ProgramThe retail offering lets customers track their diamond’s journey.
SourcingNov 29, 2023
Largest New Diamond Mine of the Decade Coming Online in Angola The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.
SurveysNov 29, 2023
Holiday Shoppers Broke a Record This Weekend, Says NRFFrom Thanksgiving through Cyber Monday, 200.4 million consumers shopped online and in stores.
MajorsNov 29, 2023
Cast Debuts at Nordstrom, Closes on More VC FundingThe growing company also plans to open more of its own boutiques.
EditorsNov 29, 2023
Warren Buffett on Success, Mistakes and Betting on AmericaThe best quotes from the Oracle of Omaha and his right-hand man Charlie Munger from the 2018 Berkshire Hathaway shareholders meeting.
IndependentsNov 28, 2023
Maine Jeweler to Relocate After 76 YearsJ. Dostie Jewelers will move from Lewiston to Yarmouth this spring.
IndependentsNov 28, 2023
Fink’s Jewelers Opens 10th StoreIt’s the company’s second location in Tennessee.
AuctionsNov 28, 2023
Mary Tyler Moore’s Jewelry Is Up For Auction You can have this jewelry, why don’t you take it?
Events & AwardsNov 28, 2023
The Original Miami Beach Antique Show Is Celebrating 60 YearsNext year’s milestone show will be full of educational programming and collaborations.
EditorsNov 27, 2023
10 Tips for Selling Diamonds This Holiday SeasonSales experts and a diamantaire share their best advice on how to send customers home with diamond jewelry.
CollectionsNov 27, 2023
See the New ‘Platinum Born’ JewelryThe brand has released five new collections.
IndependentsNov 27, 2023
Frank Adams Jewelers Named ‘Family Business of the Year’The Albany Business Review recently honored the 100-year-old company.
GradingNov 27, 2023
Dr. John W. Valley Retires from GIA Board of GovernorsTo honor his legacy, GIA has set up a scholarship in his name.
CrimeNov 22, 2023
JSA Warns of Surge in Attacks on Jewelers on the RoadThere have been eight attacks in the last month, spanning from a jewelry store parking lot in Rhode Island to highways in California.
TrendsNov 22, 2023
Amanda’s Style File: November GlowThese 15 pieces of jewelry celebrate November babies and the hues of citrine and topaz that reflect the colors of the season.
SourcingNov 22, 2023
Columbia Gem House Raises $12K for WildlifeThe money will help a nonprofit rehabilitate sea turtles.
MajorsNov 22, 2023
Facet Barcelona Opens New Factory in SpainThe jewelry manufacturer said it can now better serve the North American market.
TechnologyNov 21, 2023
See David Yurman’s New High-Tech Holiday Campaign The jewelry brand takes viewers through a virtual winter wonderland set in New York City.
Events & AwardsNov 21, 2023
Here Are the Winners of BIJC’s Inaugural ‘Rock the Jewels’ AwardsThe organization recognized outstanding industry players at its celebratory event.
