PROTON SECURITIES COLORED DIAMOND REPORT: ARGYLE PINK DIAMONDS MAKING HISTORY
PROTON SECURITIES COLORED DIAMOND REPORT: ARGYLE PINK DIAMONDS MAKING HISTORY
(EMAILWIRE.COM, January 19, 2019 ) Brooklyn, New York Proton Securities Inc. Argyle pink diamonds have unquestionably been the superstars of the diamond world. Year after year, these rarest of the rare have broken every record for prices paid per carat. From the annual Rio Tinto diamond tenders to auctions worldwide, Argyle pink diamonds have become the most highly prized diamonds the world has ever seen.
Now comes word that the end is near for the Argyle mine. And with it, history will be made. For the last several years, Rio Tinto has put a closure date on their pink diamond operation. First, the mine was due to close at the end of 2018. However, a new method of mining underground (below the floor of the open pit) was proposed as a means of sustaining production through 2020. In March 2018, Argyle announced a drastically sharp decrease in ore reserves. The cost/production ratio of its underground mining operation had reached the economic shut-off criteria.
Insiders have now confirmed that the Argyle mine will close by the end of the 1st quarter of 2019. Although Rio Tinto has not made an official announcement as of yet, it will be coming soon according to those most closely involved. The numbers are indisputable. There is not one single logical reason to continue to spend money on mining an empty pit, says a source very close to the mining operation.
So, what does this mean for Argyle pink diamonds and Proton Securities clients? From a historical point of view, Argyle pink diamonds will always be known as the King of all diamonds. Highly sought after by so many, possessed by so few. From a sheer value standpoint, the benefits to Proton Securities clients are boundless because as much as history continues to be made by Argyle pink diamonds sales prices, the best is yet to come. The real sale price records for Argyle pink diamonds will be reached after the 1st quarter closure. And that is good news for Proton Securities and all Argyle pink diamond holders. History will truly be made.
About Proton Securities:
Proton Securities is a consulting firm in the hard asset management field. We have been an industry leader, advising on treasure assets for over 25 years. Proton Securities advises clients worldwide on strategies for incorporating hard assets to both grow and protect wealth. Proton Securities has been a very strong proponent of Argyle pink diamonds for the last 10 years.
Now comes word that the end is near for the Argyle mine. And with it, history will be made. For the last several years, Rio Tinto has put a closure date on their pink diamond operation. First, the mine was due to close at the end of 2018. However, a new method of mining underground (below the floor of the open pit) was proposed as a means of sustaining production through 2020. In March 2018, Argyle announced a drastically sharp decrease in ore reserves. The cost/production ratio of its underground mining operation had reached the economic shut-off criteria.
Insiders have now confirmed that the Argyle mine will close by the end of the 1st quarter of 2019. Although Rio Tinto has not made an official announcement as of yet, it will be coming soon according to those most closely involved. The numbers are indisputable. There is not one single logical reason to continue to spend money on mining an empty pit, says a source very close to the mining operation.
So, what does this mean for Argyle pink diamonds and Proton Securities clients? From a historical point of view, Argyle pink diamonds will always be known as the King of all diamonds. Highly sought after by so many, possessed by so few. From a sheer value standpoint, the benefits to Proton Securities clients are boundless because as much as history continues to be made by Argyle pink diamonds sales prices, the best is yet to come. The real sale price records for Argyle pink diamonds will be reached after the 1st quarter closure. And that is good news for Proton Securities and all Argyle pink diamond holders. History will truly be made.
About Proton Securities:
Proton Securities is a consulting firm in the hard asset management field. We have been an industry leader, advising on treasure assets for over 25 years. Proton Securities advises clients worldwide on strategies for incorporating hard assets to both grow and protect wealth. Proton Securities has been a very strong proponent of Argyle pink diamonds for the last 10 years.
Contact Information:
Proton Securities Inc.
Steven Winthrop
Tel: 917-341-6729
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Proton Securities Inc.
Steven Winthrop
Tel: 917-341-6729
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results