Argyle Mine in Australia will exhaust by 2020

argyle-pink-diamond logoPerth: The Argyle mine in Australia, which accounts for over 90% of world production of pink diamonds, will be exhausted by 2020, online resource Businesswire reported.

According to the assessment carried out by the resource, the price of pink diamonds in the past 10 years increased annually by an average of 20%.

As for the cost of yellow diamonds, over the same period its growth has averaged 18% per year.