Quebec’s Renard mine stays on care and maintenance

The other four other stones of the collection were sold at an average premium of 30%.

Peregrine Diamonds also found a very rare green diamond at the site.

The oval stone, set in a ring embellished with smaller diamonds, sold after a three-minute contest. It was estimated to sell for as much as $42 million.

Brazil’s lower house of Congress removed from the agenda the discussion of a transitory presidential decree, which modified the country’s current mining law.

More than 130 potential buyers have already registered to participate in Wednesday’s online sale of the five-diamond collection, which includes the giant 51.4-carat Dynasty.

The jewel was designed by the Prince himself.

Despite possible breach of banking agreements, company execs believe finances will improve following lift of Tanzanian export ban.

Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.

Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.