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On Desolate 'Roof of Africa,' the World's Priciest Diamonds

Beautiful gems go for 20 times the global average, but they're hard to mine

(Newser) - The world's highest mines, found in an area known as the Roof of Africa in the tiny nation of Lesotho, hold diamonds that are so prized they go for $2,000 a carat—20 times the world average of $100. But the excavation of these extremely precious gems is... More »

Rare Pink Diamond Scores Dazzling $2.2M a Carat

$10.8M sale is miles above previous record for 'vivid pink' stone

(Newser) - A pricey pink diamond smashed records today in Hong Kong when it sold for a glittery $2.2 million a carat—and $10.8 million overall. The 5-carat “vivid pink” wonder, which is near-perfect but not flawless, trumps the sale 15 years ago of a 19.66 carat specimen... More »

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