Monday, February 27, 2012
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Mining giant Rio Tinto says it has unearthed a "remarkable" 12.76 carat pink diamond in Australia. Named the Argyle Pink Jubilee, the stone was found in Western Australia. "A diamond of this calibre is unprecedented -- it has taken 26 years of Argyle production to unearth this stone and we may never see one like this again."The individual who gets to wear this remarkable pink diamond will be incredibly lucky indeed," Josephine Johnson from Rio's Argyle Pink Diamonds division said. When the Jubilee diamond has been cut and polished it will be graded by international experts and showcased globally in private settings before being sold by invitation-only tender later this year.