LONDON, ENGLAND, UNITED KINGDOM (MARCH 20, 2017) (REUTERS) – A 59.60-carat diamond known as “The Pink Star” is returning to auction next month and could fetch a record $60 million, three years since it was sold for even more – only for the buyer to pull out of the deal. The diamond was presented by Sotheby’s in London ahead of the auction in Hong Kong on April 4.
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It takes billions of years to produce a natural diamond, but a laboratory can grow one in days and to the untrained eye they look the same. In an attempt to protect its reputation, De Beers has developed technology that can spot the difference. Ivor Bennett reports Continue reading
Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six. As Hayley Platt it’s the mining company’s response to severe commodity price falls. Continue reading