Petra’s 425-carat Legacy Diamond Fetches $15-M

Petra’s 425-carat Legacy Diamond Fetches $15-M

$PDMDF South Africa’s Petra Diamonds (OTCMKT:PDMDF, LON:PDL) has sold its 425-carat “Legacy of the Cullinan Diamond Mine” diamond to Belgium-based Stargems Group and Choron BVBA for $15-M. The exceptional D colour Type IIa gem was recovered in March of this year from the company’s iconic Cullinan mine, the same that yielded the Cullinan diamond at […]

Petra Diamonds Unearthed a 425-carat Rock at Cullinan

Petra Diamonds Unearthed a 425-carat Rock at Cullinan

$PDMDF, $RIO Shares in Petra Diamonds (LON:PDL, OTCMKT:PDMDF) jumped more than 8% Friday after the miner announced it had dug up a 425.1 carat, D-color, Type II gem quality diamond at its iconic Cullinan mine in South Africa. The discovery comes less than a month after Petra found a 100.83 carat gem-quality white diamond at the […]