AUSTRALIA – A mining company at Rio Tinto Argyle inWestern Australia found a 12.76-carat rough pink diamond. It was the first pink diamond instituted in the region and estimated to be worth millions.
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Since it was unearthed, it has been named as the “Argyle Pink Jubilee”, and is being engrave and refined in Perth last Tuesday, February 21, 2012. The process of refining is expected to take about ten days. The diamond’s first public appearance happens in Hong Kong andNew Yorkand will be sold later this year.
According to Josephine Johnson, manager of Argyle Pink Jubilee; this diamond stone has taken 26 years of Argyle production to unearth and they never see one like this again.
