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Finwire

Boodles takes over the Argyle Pink Diamonds brand

Mining giant Rio Tinto has transferred ownership of Argyle Pink Diamonds to British jeweller Boodles.

The deal includes remaining stocks of pink Argyle diamonds as well as trademarks and digital assets.

The transfer was completed on 1 October.

The Argyle mine in Australia previously accounted for more than 90 percent of the world’s supply of pink diamonds but was closed in 2020.

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