Star Diamond acquires Buffalo Hills project in Alberta
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
A 5.03-carat fancy vivid green diamond known as “Aurora Green” has set two world auction records for a stone of that colour Tuesday at Christie’s Hong Kong Magnificent Jewels sale, fetching over $16.8 million.
The rectangular-cut fancy rock had been valued at $16 million to $20 million and although it sold at the lower end of that range, it set a “world auction record for a green diamond and world record price per carat for a green diamond,” Christie’s said.
The rectangular-cut fancy diamond had been valued at $16 million to $20 million. (Image courtesy of Christie’s)
The buyer was Hong Kong-based Chow Tai Fook Jewellery, one of the world’s largest jewellery retailers.
The Aurora Green was the top lot of the sale and one of four lots that set world auction records. The sale totalled more than $85 million with 10 lots exceeding more than $1 million. Coloured diamonds, coloured gems and jadeite were among the top lots. A total of 72% of items were sold by lot and 73% by value.
