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Polished Saxendrift Diamond Fetches $232 000/ct in Hong Kong

Investing News Network
Dec. 05, 2011 03:41PM PST
Gem Investing

Mining Weekly reported a 37.55 ct polished investment diamond from South Africa has fetched $232,000 a carat on auction in Hong Kong.

Mining Weekly reported a 37.55 ct polished investment diamond from South Africa has fetched $232,000 a carat on auction in Hong Kong.

As quoted in the market news:

The diamond formed one of a pair of matching D-colour, flawless clarity diamonds.

The 105.53 carat rough diamond was recovered from Saxendrift in October 2009 and sold into Rockwell’s beneficiation joint venture with Steinmetz Diamond Group.

Click here to read the full Mining Weekly reported.

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