Rare purple diamond unearthed at Diavik

Just when it seemed Diavik had given all it could give, a rare purple diamond has been unearthed at the Northern Canadian mine – a 0.45-carat stone that stands out in a region better known for producing predominantly colorless gems and the occasional yellow stone, adding a splash of unexpected color as the operation approaches the final years of its mine life.

Unique Patek Philippe Sells for $4.3m

A unique Patek Philippe watch sold for $4.3m at Sotheby’s New York – the highest price realized by the auction house for a timepiece this year.