Leibish Buys a Quarter of Diamonds at Argyle Tender

By John Jeffay / December 31, 2020 / www.idexonline.com / Article Link

(IDEX Online) - Leibish Polnaur, veteran of the color diamond market, bought a quarter of the stones at Argyle's record-breaking tender.He outbid rivals for 16 of the 62 gems in the penultimate sale, marking the closure of the iconic mine, in Australia, after 37 years.Mr Polnaur, founder of Israel-based Leibish, said asking prices 15 per cent higher than last year so he upped his bids by "20 per cent and more".He named his 2020 tender cache the Pink Sunset Collection (pictured) in homage to Argyle's last days. A stand-out is Lot 3, the Argyle Sakura, a 1.84 carat pear-shaped fancy vivid purplish pink stone.Rio Tinto, owners of the Argyle mine, said some of the pink, red and violet diamonds fetched record high prices. The tender included 21 stones over one-carat.

Recent News

Gold and silver price ETFs see major net outflows

November 04, 2025 / canadianminingreport.com

Gold stocks decline by less than metal price

November 04, 2025 / www.canadianminingreport.com

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok