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Rio Tinto introduces the Diavik Midnight Sun

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Pink and yellow fancy color diamonds from two Rio Tinto mines – Australia’s Argyle and Canada’s Diavik – have been combined into a single ring valued at $AU1.24 million.

Known as the Diavik Midnight Sun, the ring was designed and created by Australian jeweler Olivar Musson.

“To create this piece is an honour. It continues our legacy and that’s deeply important to us,” he said.

“Making something that is going to be truly treasured, that is what drives us each and every day.”

Musson worked in collaboration with rare gemstone specialist John Glajz as a part of Rio Tinto’s Icon Partner program.

The hero 18.08-carat fancy intense yellow oval diamond has been set into a ring featuring a bouquet of 4.09-carats of pink diamonds.

“The warmth, potency, and beauty inherent in the golden and pink hues of this natural wonder are truly embodied in this enthralling creation,” explained Patrick Coppens, Rio Tinto’s general manager of diamonds sales and marketing.

The Diavik mine has been operating since 2003 and with fancy color yellow diamonds accounting for only 1 percent of total production. The Argyle mine closed in 2020 and was the world’s only known significant source of pink diamonds.

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