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Rio Cutting and Polishing Diamond for 10 Days

Investing News Network
Feb. 21, 2012 02:16PM PST
Gem Investing

SMH reported Rio Tinto (NYSE:RIO,ASX:RIO) found its biggest pink diamond ever.

SMH reported Rio Tinto (NYSE:RIO,ASX:RIO) found its biggest pink diamond ever.

As quoted in the market news:

The biggest pink diamond ever found by mining giant Rio Tinto is being cut and polished in a painstaking 10-day process.

The 12.76 carat gem to be known as the Argyle Pink Jubilee was found at Rio Tinto’s Argyle mine in the remote east Kimberley region of Western Australia, which produces more than 90 per cent of the world’s supply of pink diamonds.

Click here to read the full SMH report.

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