Trudeau says Liberals 'strong and united' despite caucus dissent
Prime Minister Justin Trudeau says the Liberal party is 'strong and united,' despite efforts from within his caucus to oust him as leader.
A pink diamond was sold for US$57.7 million in Hong Kong on Oct. 7, setting a world record for the highest price per carat for a diamond sold at auction.
The 11.15-carat Williamson Pink Star, auctioned by Sotheby's Hong Kong, fetched close to $5.2 million per carat, exceeding the previous record of $4 million for a blue diamond sold in 2015.
The buyer was a private collector in the United States, Sotheby's said.
The Williamson Pink Star draws its name from two legendary pink diamonds. The first is the 23.60-carat Williamson Pink Diamond presented to the late Queen Elizabeth II as a wedding gift in 1947, while the second is the 59.60-carat Pink Star that sold for a record $71.2 million at auction in 2017.
The Williamson Pink Star, the second-largest pink diamond to appear at auction, and Queen Elizabeth's diamond both came from the Williamson mine in Tanzania. The mine is famous for pink diamonds, which are among the rarest and most valuable of the colored diamonds.
"This is an astounding result, proving the resilience of top diamonds in a shaky economy," said Tobias Kormind, managing director of 77 Diamonds.
"Hard assets such as world-class diamonds have a history of performing well even in times of instability," he said. "Some of the world's highest quality diamonds have seen prices double over the last 10 years."
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This story has been updated to make clear that the final price for the Williamson Pink Star diamond was $57.7 million, not the previously reported "hammer price" of $49.9 million.
Prime Minister Justin Trudeau says the Liberal party is 'strong and united,' despite efforts from within his caucus to oust him as leader.
A search has started at Prairie Green Landfill for the remains of two victims of a serial killer.
The Bank of Canada made a sizable cut to its key lending rate Wednesday from 4.25 per cent to 3.75 per cent as the global economy continues to expand. The half percentage point cut is the fourth rate cut in a row by the central bank as inflation dropped from 2.7 per cent in June to 1.6 per cent in September.
The president and CEO of New Brunswick-based Covered Bridge Potato Chips is taking an 'extended leave of absence' after being charged with domestic violence this past weekend.
Air Transat says it is laying off as many as 400 flight attendants, but plans to bring them back to work at some point.
A quick shake of the head after a hard hit could signal that a person has a concussion, a new study suggests, based on the experiences of young athletes.
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Former 'Malcolm in the Middle' star Frankie Muniz is set to continue his NASCAR career with a full-time ride in the Truck Series for 2025.
A recall has been issued for certain clothing items sold at Giant Tiger stores over high levels of lead, according to a notice published by Health Canada Tuesday.
A meteor lit up our region's sky last night 鈥 with a large fireball shooting across the horizon over Lake Erie at around 7:00 p.m.
Residents of Ottawa's Rideauview neighbourhood say an aggressive wild turkey has become a problem.
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Hortense Anglin was the oldest graduate to make her way across the platform at York University's Fall Convocation ceremony this week. At the age of 87, she graduated with an Honours degree in Religious Studies.
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A Moncton, N.B., home has been donated to the Friends of The Moncton Hospital Foundation and will be transformed into a resource hub for people living with cancer.