The just completed Sotheby’s Magnificent Jewels sale in New York is the first auction to sell two items for more than $30 million. The first is the “Estrela de Fura,” a 55.22-carat Mozambique ruby ...

Another standout at Bonhams was an unmounted 30.61-carat Mozambique paraiba-type tourmaline that fetched more than $1.4 ...

Add Yahoo as a preferred source to see more of our stories on Google. However, human rights groups urge against buying Myanmar gems as sales reportedly fund the country's military government A massive ...

A giant 11,000-carat ruby has been discovered in Myanmar's war-torn Mogok valley. The enormous gem weighs 2.2kg (4.8lbs), or as much as a small dog. This is one of the largest gems ever discovered in ...

The current record for a ruby sold at auction was achieved by the Sunrise Ruby. This 25.59-carat Burmese stone hammered down for $30.3 million at Sotheby’s Geneva in May 2015. This price also ...

Myanmar announced the discovery of an 11,000-carat ruby, but did not give a precise value – Copyright Myanmar Radio and Television/AFP Handout Myanmar said Friday ...

Both the diamonds were discovered in mines inm Africa. A 55.2-carat diamond was recently sold for nearly $35 million at an auction in New York, according to a report in CNN. The ruby has become both ...

A 55.22-carat ruby has become both the largest and most valuable gem of its kind ever to sell at auction, netting $34.8 million on Thursday. The stone went under the hammer in New York in June, less ...

BANGKOK (AP) — Miners in Myanmar have discovered a rare ruby of enormous size, considered to be the second-largest by weight ever found in the conflict-battered Southeast Asian nation, state media ...

A GIGANTIC gem that weighs as much as a dog has been unearthed in Myanmar with authorities reporting it could be worth millions. Myanmar miners discovered the enormous rare stone, slated to be the ...