Ron Kiven our Australian partner in B & K Diamonds part of the A Star alliance is pleased to announce success in the March Argyle Single Premium tender.
B & K is one of the select Argyle Pink Diamond Authorised Partners and we are ecstatic to have been successful in winning 7 stones.
These stones will add to our existing 9 Signature Tender stones as well as the inventory we receive in our regular pink diamond allocations.
With the Argyle mine scheduled to close next year demand for the limited product is increasing. It is one area of our industry that prices consistently increase and competition for the Signature and Single Premium tender stones are intense.
The mine closure originally scheduled for 2021 has been brought forward to 2020 and closure procedures are already underway. The miniscule amount of pink diamonds that come out of the mine production are truly, a freak of nature but the quantities are so small that they are not enough to make the mine viable.
Source: Ron Kiven from B & K Diamonds