A rare yellow diamond from South Africa — believed to be the largest of its kind — has sold for a record $12.3 million. Sotheby’s auction house in Geneva sold the 110-carat “Sun-Drop Diamond” on Tuesday to an anonymous buyer who bid by telephone. Officials say the pear-shaped diamond is the largest vivid yellow diamond […]
Rare Yellow Diamond Fetches Record $12.3 Million
Posted November 16th, 2011 at 10:20 am (UTC-5)
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Rare ‘Sun-Drop’ Diamond to Sell for Up to $15 Million
Posted November 9th, 2011 at 2:50 pm (UTC-5)
A rare yellow diamond discovered in South Africa is expected to fetch up to $15 million when it goes to auction next week. Officials with Sotheby’s auction house say the pear-shaped diamond is believed to be the world’s largest vivid yellow diamond. The so-called Sun-Drop Diamond is just over 110 carats, or roughly the size […]
South Africa Diamond Strike Ends
Posted August 4th, 2011 at 4:25 pm (UTC-5)
More than 1,300 diamond miners are headed back to work in South Africa after negotiating raises up to 10 percent. International diamond giant De Beers said Thursday the two-week strike was its first in nearly two decades. The company said in a statement entry-level workers would receive the 10-percent wage hike while more skilled workers […]
