Rio Tinto Will Retain the Argyle Pink Diamonds Brand
Though the mine closed in November, the company still sees ample opportunity for the brand.
Rio Tinto is currently holding the 2021 Argyle Pink Diamonds Tender, its last comprising stones from the mine. This year’s event consists of 70 diamonds weighing a total of 81.63 carats.
Argyle officially closed in November.
The Argyle Pink Diamonds brand is 37 years old, according to Rio Tinto, having built “significant global reach” with ample opportunities for the brand beyond the end of mining, and the mining company said it will “continue to support market development activities in the coming years.”
Argyle Pink Diamond’s brand assets include a range of globally registered trademarks and a collection of physical and digital marketing assets and processes, according to the miner.
They also include years of “price discovery” after having produced and sold nearly all the global supply of pink diamonds for almost four decades, a Rio Tinto spokesperson said.
Though Argyle pink diamonds will no longer be mined by Rio Tinto, there will still be inventories of its stones available globally in both polished diamonds and jewelry through its partners or circulating in the secondary market, the company said, adding it will “work with its network of Argyle Pink Diamonds stakeholders with regard to taking the Argyle Pink Diamonds brand into the future.”
Editor’s note: This story was updated on July 20, 2021 to add brand information provided by Rio Tinto post-publication.
The jewelry trade show awarded brands and individuals across 14 categories.
Many times, customers walk away without buying because of this one thing salespeople neglect to do, Peter Smith writes.
The donation to a school in Namibia included computer equipment, infrastructure repair and sanitary wear.
The most trusted diamond report, available in print or the GIA App.
More than 250 gem, jewelry, and mineral companies are expected to exhibit, including the American Gem Trade Association.
This year’s Design Atelier is full of gems.
They’re a testament to the power of excellent design.
Navigate origin determination with Continuing Education seminars offered by the GIA Alumni Collective™.
This year’s honorees include one of Florida’s largest independent jewelers and two multi-store independents in the Chicago and New York areas.
The industry’s most influential contemporary designers are showcasing their latest jewelry designs.
Created by Maitri Lab-Grown Diamonds and graded by IGI, it’s slightly bigger than the record-setting lab-grown diamond GIA just examined.
The marketing agency has integrated its first C-suite.
The jewelry trade show also will debut educational content centered around social media.
Luxury kicks off today, with the full show in swing on Friday.
One of the three new collections was inspired by the legend of a woman who traded her mansion to Cartier for two strands of natural pearls.
Rob Ballew will be tasked with communicating the jewelry giant’s plans and financial performance to investors.
With the app, customers receive a 15-day insurance offer on new purchases while their coverage needs are being evaluated.
It is in House of Showfields, a bazaar-style retail space in the borough’s Williamsburg neighborhood.
From consumer trends to retail technology, these are the JCK Talks sessions that should be on attendees’ radar.
Signature pieces from Cartier and David Webb will appear in the June jewelry auction.
They will be celebrated at the annual dinner dance and gala in the fall.
Gemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.
Supplier Spotlight Sponsored by IGI
Watch retailers Jeffery Bolling and Bobby Bengivengo discuss employee training, customer education and the sticky subject of future value.
The company has plans to revamp the Movado brand and offer less expensive watches this year.
Set with a 118-carat unheated Sri Lankan sapphire, it just sold for $3.4 million at Phillips jewelry auction in Hong Kong.
Sponsored by Noam Carver