OTHER

Petra recovers 100ct white diamond

Petra Diamonds (LSE:PDL) has recovered a 100.83 carat white D-colour type II gem-quality diamond at its Cullinan diamond mine in South Africa.

Staff reporter
The 100.83ct D-colour type II gem-quality diamond recovered at Petra's Cullinan mine

The 100.83ct D-colour type II gem-quality diamond recovered at Petra's Cullinan mine

It also found a 6.12ct type II blue stone at the mine.

Petra said the recoveries of the two diamonds demonstrated "the prevalence of these types of stones in the Cullinan orebody, as well as the ability of the mine's plant to recover the full spectrum of diamonds".

It will be selling both stones in its upcoming March tender.

At 20.94p (US27.61c), Petra's shares have fallen 38% in the past six months.

 

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