Rio Tinto's 2012 Argyle Pink Diamonds Tender, the most exclusive
diamond sale in the world, has demonstrated strong global appeal and delivered an exceptional result for its iconic gems.
The auction comes as global diamond demand slipped 2 percent last year, with total
polished diamond sales falling to $ 79 billion from $ 81 billion in 2014, De Beers, the largest producer, said in an April report.
The tradition began with a De Beers campaign in 1938
when diamond sales were on the downslide.
The Kimberley Process was established to
prevent diamond sales from funding conflict — «blood diamonds» — but in reality, not a whole lot has changed.
• Access to loans (in CEDEX Coins) through diamond investment portfolios • Transparent payment
for diamond sales • Ability to cover borrowing and collateral fees by opening a short position through the CEDEX platform
«Amnesty International projected around 4 million people lost their lives as a result of
these diamond sales.»
There are also concerns that
diamond sales are funding coordinated violence and voter intimidation before next year's elections.