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Cullinan Yields 210ct. Rough

Apr 21, 2019 7:29 AM   By Rapaport News
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RAPAPORT...
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)
Tags: Cullinan, Cullinan Mine, petra, Petra Diamonds, Rapaport News, The Legacy
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