The luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.
The 3.14-Carat ‘Alpha’ Diamond in Rio Tinto’s Tender
It is one of six “hero” stones in this year’s sale of exceptional pink, red and violet diamonds from the Argyle mine.

Sydney—Rio Tinto just debuted the diamonds in this year’s Argyle Pink Diamonds Tender, its annual sale of the best pink, red and violet stones to emerge from its mine in Western Australia.
The 2018 tender comprises 63 diamonds totaling 51.48 carats. It’s bigger than last year’s offering, which had 58 diamonds totaling 49.39 carats and included the largest red diamond in tender history.
This year’s superlatives include the biggest vivid pink diamond in tender history, the 3.14-carat stone dubbed the “Argyle Alpha,” and the weightiest purplish-red, the 2.28-carat “Argyle Muse.”
The diamond mining company described the Muse as having “an unrivaled potency of color,” and noted that the 7.39-carat rough diamond from which it was cut yielded another stone in the 2018 tender, a 0.63-carat purplish-red stone.
The Muse and the Alpha are two of the diamonds selected as “hero stones,” the handful of diamonds Rio Tinto considers to be exceptional and names in each tender.
This year, there are a half-dozen heroes. Here is the complete list:
—Argyle Muse, a 2.28-carat fancy purplish-red oval;
—Argyle Alpha, a 3.14-carat emerald-cut fancy vivid purplish-pink;
—Argyle Maestro, a 1.29-carat square-cut fancy vivid purplish-pink;
—Argyle Alchemy, a 1.57-carat fancy dark gray-violet princess;
—Argyle Odyssey, a 2.08-carat fancy intense pink round brilliant; and
—Argyle Mira, a 1.12-carat fancy red radiant.
Each diamond, along with its name and characteristics, is pictured in the slideshow below.
The diamond mining company, which is based in Perth, Australia, and mines its colored diamonds at the Argyle mine in Western Australia, premiered the collection in Sydney Thursday.
The stones will travel next to Hong Kong in September (coinciding with the jewelry trade show there) and New York in early October, with bids closing Oct. 10.
The Latest

The book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.

Alexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.

As the holiday season quickly approaches, consider stocking one category that sometimes gets overlooked: earrings.

The superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.


Retailers should offer classic styles with a twist that are a perfect fit for layered looks, experts say.

The nearly 7-carat fancy vivid purplish pink diamond could sell for around $9 million.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Chief Artistic Officer Nathalie Verdeille has reimagined the iconic design in both figurative and abstract creations.

Five dollars buys one vote toward an industry professional you want to see dressed up as a hero, or a villain, this Halloween.

Recently acquired by KIL Promotions, the November edition of the public show in San Mateo, California, will be held Nov. 7-9.

The stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.

Hollywood glamour meets Milanese sophistication in the design of Pomellato’s new store in Beverly Hills, California.

The New York City store showcases a chandelier with 1,500 carats of lab-grown diamonds designed by an FIT student.

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

Making its auction debut, "The Glowing Rose" is expected to fetch $20 million at the November jewelry sale in Geneva.

They were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.

It took the masked thieves less than 10 minutes to steal eight irreplaceable jewels from two display cases in the museum’s Apollo Gallery.

Gemologist Lauren Gayda has previously worked at The Clear Cut, Taylor & Hart, and Effy Jewelry.

In 2026, the jewelry retailer will celebrate a milestone only a small percentage of family-owned businesses survive to see.

The new showcase dedicated to Italian jewelry design is set for Oct. 29-30.

Take a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.

The new high jewelry design and production process takes 30 days or less from concept to completion, the auction house said.

The holiday catalog for 2025 features never-before-seen images of more than 100 one-of-a-kind masterpieces.

The brand has released a second installment of its collection of traditional and non-traditional commitment heirlooms.

Corey rescued New England chain Day’s Jewelers, preserving its legacy with strong people skills, pragmatism, and a “get-it-done” attitude.