Petra Diamonds has set a new record by selling a 507-carat diamond for $35.3 million today, the highest price ever paid for a rough diamond and $10 million over its estimated value.
Petra Diamonds has set a new record by selling a 507-carat diamond for $35.3 million today, the highest price ever paid for a rough diamond and $10 million over its estimated value. "’It is fitting that the Cullinan Heritage should achieve a sale price of $35.3 million, the highest sale price on record ever achieved for a rough diamond, as it has the potential to produce one of the world's most important polished gems,’ Chief Executive Johan Dippenaar said. London-listed Petra said in a statement the gem was purchased in a tender by Chow Tai Fook Jewelry Co Ltd in Hong Kong. Proceeds will help boost Petra's profit for its fiscal year to end-June after the firm swung to a first-half profit on higher production and sales. AIM-listed Petra found the gem last September at its 74 percent owned Cullinan mine in South Africa, which it bought from sector giant De Beers in 2007. The Cullinan mine has been the source of many large diamonds, including the world's largest rough diamond -- the Cullinan -- at 3,106 carats. That gem was cut into the Star of Africa stones that are now set in Britain's Crown Jewels. Petra was a member of a consortium that paid $148 million when buying the Cullinan mine from De Beers, which is 45 percent owned by mining group Anglo American."
The ability to speak clearly, succinctly, and powerfully is easier than you think
The ability to communicate effectively can make or break a person's assessment of your intelligence, competence, and authenticity.
Researchers discover a link between nonverbal synchronization and relationship success.
- Scientists say coordinating movements leads to increased intimacy and sexual desire in a couple.
- The improved rapport and empathy was also observed in people who didn't know each other.
- Non-verbal clues are very important in the development stages of a relationship.
What defines a dark horse? The all-important decision to pursue fulfillment and excellence.
When we first set the Dark Horse Project in motion, fulfillment was the last thing on our minds. We were hoping to uncover specific and possibly idiosyncratic study methods, learning techniques, and rehearsal regimes that dark horses used to attain excellence. Our training made us resistant to ambiguous variables that were difficult to quantify, and personal fulfillment seemed downright foggy. But our training also taught us never to ignore the evidence, no matter how much it violated our expectations.
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