Petra Sells 299-ct Diamond for $12.2m March 07, 21 by John Jeffay
(IDEX Online) - Petra Diamonds has announced another high-value sale from the iconic Cullinan mine - a 299.3-carat white, Type IIa gem for $12.18m.
It follows the sale last November of the Letlapa Tala collection of blue rough diamonds, also recovered from Cullinan a
nd weighing a total of 85.6 carats to De Beers and Diacore for just over $40m.
The exceptional new find (pictured) was sold to Stargems DMCC, Dubai-based arm of the Antwerp diamond supplier.
The price of $40,701 per carat, was higher than the $34,386 per carat achieved in May 2019 by the 424.89-carat Legacy of the Cullinan Diamond Mine.
UK investors must develop an appetite for risk-taking telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Lloyds Bank share price: back to pre-crash levels of 40p Should I buy it now? fool.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.co.uk Daily Mail and Mail on Sunday newspapers.
The Cellular Goods share price surged by 400% after its IPO! The stock has since come down, but is this a buying opportunity? Zaven Boyrazian investigates.
Tesco sets health target in response to shareholder challenge retailtimes.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from retailtimes.co.uk Daily Mail and Mail on Sunday newspapers.