Rare pink Argyle diamonds are growing in popularity in the global market, according to reports.
The Israeli Diamond Institute revealed a record tender of 55 rare pink diamonds – which could be used in diamond rings and diamond earrings – has been sold to several buyers from around the world, including burgeoning markets in India and China.
Mined by the Rio Tinto Group, the collection of rare coloured stones included the 2.02-carat Argyle Mystra, a much-coveted purple gem.
General manager for sales and marketing at the company Jean-Marc Lieberherr was quoted as saying that the response to the diamond tender was "a clear indication of the growing appreciation of the rarity and value of Argyle pink diamonds".
These figures follow news that a 185-carat recently discovered at the Letseng mine in Lesotho could be worth as much as £7 million. The facility is the source of three of the world's top 20 largest diamonds.