“Pink diamonds are one of the most valuable jewels in the world – and now Rio Tinto miners in Australia have unearthed the biggest ever found in the country. The company’s Argyle mine, situated in the Kimberly region, produces a staggering 90 per cent of the world’s pink diamonds and is describing this example as ‘unprecedented’. It has named the 12.76-carat jewel the Argyle Pink Jubilee and the bookies believe it may fetch between $26-$33million at auction. ‘A diamond of this calibre is unprecedented – it has taken 26 years of Argyle production to unearth this stone, and we may never see one like this again,’ said Argyle Pink Diamonds Manager Josephine Johnson in a statement.” w/ photos
