Industry News by Nemesis

Argyle Mine in Australia Exhausted by 2020

January 5, 2016

The Argyle mine in Australia, which accounts for over 90% of world production of pink diamonds, will be exhausted by 2020, online resource Businesswire reported.

 

Аccording to the assessment carried out by the resource, the price of pink diamonds in the past 10 years increased annually by an average of 20%.

 

As for the cost of yellow diamonds, over the same period its growth has averaged 18% per year.

 

Source: Rough&Polished

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