Rio Tinto unearthed the 187.7 Carat, Foxfire Diamond in August 2015 at its Diavik Diamond Mine, which is located about 130 miles from the Arctic Circle in Canada’s Northwest Territories. The stone took its name from the aboriginal description of the Northern Lights as resembling a “brush of undulating fox tails.” The mine was not known for large diamonds like the Foxfire, but rather much smaller stones. The chances of a large diamond coming through the sorting system were bel

Sotheby’s New York’s Magnificent Jewels sale on December 4 will be led by “a highly important 10.62-carat Fancy Vivid Blue diamond”, according to Sotheby’s. The diamond, which comes from a private European collection, is set with a pear-shaped Fancy Vivid blue diamond weighing 10.62 carats and is accented by round diamonds. The diamond is being valued between $20 million to $30 million or $1.88 million to $2.82 million per carat. This is quite a modest estimate, and surely it

The 5.03-carat “Aurora Green” diamond set two world auction records for a green diamond Tuesday at Christie’s Hong Kong Magnificent Jewels sale, selling for 130,040,000.00HKD (=16,735,187.20 USD). Record of being the biggest Fancy Vivid Green Diamond sold, Record for the highest price per carat for a Fancy green diamond. The rectangular-cut Fancy Vivid Green diamond sold for more than $3.3 million per carat. The green diamond, with VS2 clarity mounted on a gold ring surrounde

The Oppenheimer Blue is set to be the largest Vivid Blue diamond ever to appear at auction. Auction house Christie’s is to put the 14.62-carat Oppenheimer Blue diamond under the hammer on May 18 at its Magnificent Jewels sale in Geneva. The sale price estimate is between $38- and $45 million. The diamond was owned by Sir Philip Oppenheimer, whose family controlled the De Beers group until it was sold to Anglo American in 2012. Sir Philip was the chairman of the Central Sellin