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Today's Top News

Petra sells 299 carat diamond for $12.18 million

2 years ago
by jewelerssuite
16 Views

Petra Diamonds (LON:PDL) has sold a 299.3 carat diamond recovered in January at its iconic Cullinan mine, in South Africa, to Belgium-based Stargems DMCC for $12.18 million.

The exceptional Type 11a white gem-quality rock achieved a price of $40,701 per carat, which exceeds the $34,386/ct received for the 424.89 carat “Legacy of the Cullinan Diamond Mine” in May 2019. 

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