Leibish & Co. Wins Big at Argyle Pink Diamond Tender

Rapaport reported that Leibish & Co., a supplier of natural fancy colored diamonds of all shapes and sizes, won 26 of 65 available lots at Rio Tinto plc’s (LSE:RIO,ASX:RIO,NYSE:RIO) 2015 Argyle pink diamond tender.
As quoted in the market news:

The Ramat Gan-based online retailer and wholesaler secured the bids in a strategic partnership with Hong Kong’s Kunming Trading Co. The annual sale opened in June and bidding closed on October 21. Viewings were held in Sydney, Hong Kong, New York and Perth, Rio Tinto said in a statement June 26.
Among its purchases were a 0.74-carat fancy deep pink radiant and a 0.54-carat fancy vivid purplish pink heart.
Leibish won two stones from a tender in 2014, seven in 2013, 17 in 2012, it added in the statement. It also won four bids in this year’s “Once in a Blue Moon” tender, a rarely held Rio Tinto sale at which blue diamonds from the Argyle mine are offered, the statement added.

Click here to read the full Rapaport report.