Industry News by Nemesis

Cullinan Yields 210ct. Rough

April 25, 2019


Petra Diamonds has unearthed a white diamond weighing 209.9 carats at its Cullinan mine in South Africa. 

The D-color, type II, gem-quality stone is the fourth over 100 carats the miner has recovered this year, and the third since the beginning of March, it said last week. Those included a 425.10-carat stone, which it named The Legacy, and a 100.83-carat diamond. 

Petra will sell its latest discovery during its fourth fiscal quarter, ending June 30, along with The Legacy. 

The company’s share price rose nearly 4% Thursday following the announcement. 

Image: The 209.9-carat stone. (Petra Diamonds)


Source: Rapaport

Please reload

Follow Us...
Recent Posts
Please reload

Please reload

Search By Tags