Tiffany CEO says it’s his ‘duty’ to reveal diamonds’ provenance

The stock closed 4.17% higher in London Tuesday after the miner revealed the discovery of two rare matching rubies from its Montepuez mine in Mozambique.

Mining and logging was the big exception in Friday's payroll numbers with 18,000 jobs lost in May, the worst month since the global financial crisis.

They shed $156 billion in market value last year, or about 16% of their combined worth, according to PwC.

Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.

But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds.

Conflict-Free Sourcing Initiative Expands Geographic Scope, Adopts Risk-Based Approach

According to the company, the gem is estimated is worth more than $600,000 if put on auction.

Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.

The main objective of the legislation is to ensure that profits from those so-called “blood metals” — tungsten, tin, tantalum and gold — do not go to African warlords.