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Rio Tinto’s Final Beyond Rare Tender Marks the End of a Diamond Era

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Rio Tinto’s third and final Beyond RareTender, titled The Art Series: Into the Light, has concluded with strong global demand, securing the company’s place in the history of rare diamonds. The tender comes 40 years after the commissioning of the Argyle diamond mine in Western Australia and 22 years after the start of operations at the Diavik mine in Canada.

The 2025 tender featured 52 lots totalling 45.44 carats, including six Masterpieces — carefully curated sets highlighting the pinnacle of production from Argyle and Diavik — alongside 39 single stones and seven matched sets. The Argyle pink, red, and violet diamonds came from the final legacy inventory, making them among the last of their kind.

John Glajz

Singapore-based Argyle Pink Diamonds Icon Partner™ Glajz THG, in collaboration with Scandinavian jeweller Hartmann’s, won the coveted Lot 1 consisting of two Fancy Vivid Purplish Pink pear shapes and a 5.11-carat Flawless D-colour Diavik emerald-cut diamond. “We are delighted to win these extraordinary masterpieces of nature and look forward to honouring the powerful provenance of the Argyle and Diavik mines,” said John Glajz, Managing Director of Glajz THG.

Patrick Coppens, General Manager of Sales and Marketing, Rio Tinto Diamonds, described the tender as a fitting finale: “Presenting this final collection is a wonderful epilogue to Rio Tinto’s inspiring story of mining and marketing diamonds. The world is still captivated by their beauty, exceptional rarity, and pure provenance.”

Patrick Coppens

Since 1985, Rio Tinto has sold approximately 2,500 carats of rare pink, red, and blue polished Argyle diamonds — less than 0.0003% of the mine’s total production — through its annual tenders. With Argyle closed in 2020 and Diavik scheduled to close in 2026, the Beyond Rare™ legacy now enters the annals of diamond history.

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DiamondBuzz

Botswana  Stepping Up Diplomatic Efforts To Complete The Removal Of US Tariffs

Botswana Leverages Critical Minerals To Push For The Full Removal Of US Tariffs On Diamond Exports

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Botswana is stepping up diplomatic and trade efforts to secure the complete removal of US tariffs on its diamonds and other key exports, underscoring the move as vital to regaining its competitive edge in the global market. Minerals and Energy Minister Bogolo Kenewendo has reiterated the government’s firm stance that negotiations will continue until all tariffs are eliminated.

Currently subject to a 15% tariff—down from a steep 37% imposed in April 2025 and later reduced in August—the country has formally submitted its proposals and requests to the United States and is awaiting a response. The government has maintained a consistent position that the remaining tariff continues to hinder Botswana’s export potential, particularly in the diamond sector, where it ranks as the world’s second-largest producer after Russia.

To strengthen its negotiating position by positioning itself as a reliable supplier of both diamonds and essential minerals, Botswana aims to become the first African diamond-producing nation to achieve a tariff-free trade arrangement with the US, a move that could significantly enhance its long-term trade prospects and economic resilience.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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