Kimberley Diamond Co NL has discovered the first pink diamond at its Ellendale project in Western Australia.
The rare diamond weighs in at 1.58 carats and has an indicative value of at least $US20,000 per carat in the rough.
When polished, its value increases to $US30,000 to $US40,000 per carat.
Kimberley Diamond has also discovered a 10 carat [...]

An internally flawless, 6.04 carat, blue diamond sold for $7.8 million at a Sotheby’s auction held in Hong Kong becoming the most expensive diamond in the world.
Moussaieff Jewellers, a London Jeweler, acquired the diamond with a bid of $1.32 million per carat smashing a 20 year old record set by a red diamond which drew [...]