20.08 carat diamond unearthed at Cullinan
Petra Diamonds Limited is pleased to confirm that it has recovered an exceptional 20.08 carat blue gem quality Type IIb diamond from the Cullinan Diamond Mine. The recovery not only demonstrates the quality of Petra's asset base, as the Cullinan diamond mine remains a significant source of rare blue diamonds, but it again confirms the prevalence of exceptional stones in the Cullinan ore body as well as the ability of the mine's plant to recover the full spectrum of diamonds.
The Company will report production and sales results for the quarter ending 30 September 2019 said Petra Diamonds at the juncture! Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market.
Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base of ca. 250 million carats, which supports the potential for long-life operations.
