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.
The coloured gem market — sapphires, rubies and emeralds — is just as valuable as the diamond market.
At a time when many investments offer low returns, many investors will fill a bag with precious stones and hope they will be worth a fortune some day.
Check this chart about the rising prices of gemstones.
Unlike diamonds, though, the $10 billion coloured gems market is mysterious and poorly understood.
This Wall Street Journal video illustrates the issues.
