Thursday, 14 April 2016

Flawless blue diamond sells for $42m

The 10.10 carat oval shape, vivid blue diamond flawless diamond sold for $42 Million ( $32 Million USD ) , it took just minutes to hammer at Sotheby’s Hong Kong.
 
The Vivid Blue diamond named the De Beers Millennium Jewel 4 is one of the De Beers Millennium Jewel collection.
The exceptional diamond recovered at a mine in South Africa is the largest diamond of its kind to appear at auction.
The Diamond was purchased by an anonymous telephone bidder at a record price for a gemstone at auction in Asia.

Source:DCLA

Lucara releases Q3 results, diamond mine shaft-sinking progress

Lucara Diamond Corp. said the long-term natural diamond price outlook remains resilient due to favourable supply and demand dynamics as a re...