Ultra-rare ‘Pink Legacy’ diamond fetches record $50 million

An exceptionally large pink diamond – nearly 19 carats – has set a price-per-carat record after being sold for $ 50 million to US luxury jewelry brand Harry Winston at the Christie’s auction in Geneva. “The Pink Legacy brought this extremely high price of $ 50 million, so $ 2.6 million per carat which is […]

Russia’s Alrosa to unveil new collection of gems after the Dynasty diamond success

Published time: 26 Oct, 2018 09:59 The world’s leader in diamond mining, Russia’s Alrosa, is planning to reveal a new collection of precious stones as soon as the next year, according to the company’s CEO Sergey Ivanov. “We are planning to do that,” the top manager told RIA Novosti. “We are mulling a series of […]

A Bugatti Veyron, a Gulfstream private jet, and a $330,000 diamond ring: Feds charge 3 men for alleged $364 million Ponzi scheme to fund lavish lifestyle

Federal prosecutors have charged three men in connection with an alleged $ 364 million Ponzi scheme that could have more than 400 victims nationwide.  The men were indicted on charges of conspiracy, wire fraud, identity theft, and money laundering. The indictment alleges that the three men took $ 73 million of investors’ funds “to purchase […]

Confident Mo Ahmed leads 7-member Canadian squad into Diamond League finals

Feeling as sharp as he has all season despite a relatively light race schedule, Canadian distance runner Mo Ahmed enters Friday's Diamond League final in Brussels with one goal. "More than anything, I just need a win," says Ahmed, who has never won gold or silver in a Diamond League race. "If I can, it's […]

Watch the Diamond League track & field event in Birmingham

Click on the video player above on Saturday at 9 a.m. ET to watch live coverage from IAAF Diamond League track and field event in Birmingham. Canadians in action include Sage Watson (hurdles), Michael Mason (high jump), Gabriela Stafford (1,500m), Matthew Hughes (3000m steeplechase), Christabel Netty (long jump), Johnathan Cabral (hurdles) and Brandon McBride (800m). Let’s block ads! (Why?)

Christabel Nettey set to secure berth in Diamond League final following health scare

With her performance slipping and confidence sagging, a reluctant Christabel Nettey had little choice but to listen to her body. By late June, the Canadian long jumper was exhausted, having extended herself during a mid-season trip to Europe for four competitions in two weeks. She also maintained a busy schedule upon her return that included […]