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)