Loading...
Skip to Content
Home  Blog   Cullinan Yields 343ct. Rough for Petra

Cullinan Yields 343ct. Rough for Petra

  • Blog-images/84764067205_59.jpg
Rapaport News • 27-07-2021

Petra Diamonds has recovered a 342.92-carat rough diamond from its Cullinan mine in South Africa, it said Wednesday.

Petra Diamonds has recovered a 342.92-carat rough diamond from its Cullinan mine in South Africa, it said Wednesday.

The white, type IIa stone, which is of exceptional quality in terms of both its color and clarity, will likely be offered at the companys upcoming September tender, Petra noted.

Petras revenue jumped 38% to $406.9 million last year, growth the company attributed to its increased discovery of large, high-quality diamonds. The segment contributed a record $60.2 million in revenue in 2020, compared with $14.9 million in 2019.

Last years total included the sale of a high-quality, 299.3-carat, white diamond from Cullinan, which Petra sold to Dubai-based Stargems DMCC for $12.2 million.

Image: The 342.92-carat rough diamond. (Petra Diamonds) 

Latest posts

Leave a comment

6/1469, "Jaykar House", Kansara Sheri, Mahidharpura, Surat - 395003, Gujarat, India.
+91 9825132931, 0261 2400200-2400300
+91 98250 22931
inquiry@jaykar.co.in
Jaykar House is a Centre for excellence in job work industry which is situated and established their business in the best suitable location in surat city, Surat city is a place where out of 10 diamonds around the world, 9 diamonds are processed from rough to polished over here.