International News
Rio Tinto Unveils Rare 158ct Yellow Diamond from Diavik Mine in Canada
One of the largest gem-quality yellow diamonds ever discovered in Canada, the 158.20-carat gem is a remarkable find as Diavik Mine nears closure.
Rio Tinto has uncovered a rare and exceptional 158.20-carat yellow diamond at its Diavik Mine in Canada, marking one of the largest gem-quality yellow diamonds ever found in the country. This stunning discovery is also among only five yellow diamonds weighing over 100 carats to be unearthed by the company at Diavik throughout its 22-year history. Notably, Diavik is primarily known for producing white diamonds, with less than 1% of its output being yellow stones.
The Diavik Mine, which is set to close next year, is also responsible for several significant yellow diamond finds, including Canada’s largest yellow diamond, a 552.74-carat gem discovered in 2018, and the 187.7-carat Diavik Foxfire found in 2015.
With the closure of the Argyle mine in Australia in 2020, Diavik is now Rio Tinto’s sole diamond asset. Patrick Coppens, General Manager of Sales and Marketing for Rio Tinto’s diamond business, expressed excitement over the unique beauty and purity of the Diavik diamonds, eagerly anticipating the future of this extraordinary find.
International News
ParaÃba Necklace To Headline Bonhams Paris Auction
81.17-Carat Cushion-Cut Neon- Blue ParaÃba Tourmaline, Set In An Openwork Diamond Mount.
Bonhams will lead its October 29 Fine Jewellery sale in Paris with a Kat Florence necklace centered on an 81.17-carat cushion-cut neon-blue ParaÃba tourmaline, set in an openwork diamond mount. The piece carries an upper estimate of EUR 80,000 ($89,469).
The sale will include more than 180 lots, with jewelry from Cartier, Chaumet, and Buccellati, plus colored gemstones including sapphires, rubies, and emeralds. Among the highlighted lots are a Chaumet 13.70-carat Sri Lankan sapphire ring, estimated at EUR 45,000–65,000, and a Cartier 11.50-carat Madagascar sapphire ring, estimated at EUR 40,000–60,000.
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