February 22nd, 2012
AuBJ — February 22 — The largest pink rough diamond ever to have been uncovered has been found at Rio Tinto’s Argyle diamond mine in the East Kimberley region of Western Australia.
The 12.76 carat diamond will be cut and polished as a single stone by Richard How Kim Kam, who has worked for Rio Tinto for more than twenty years.
“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.
“This rare diamond is generating incredible excitement. 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.
“The individual who gets to wear this remarkable pink diamond will be incredibly lucky indeed,” she added.
While a price has not been set on the diamond, according to Johnson pink diamonds typically outperform white diamond prices and have been known to cost up to A$1 million per carat.