Petra Sells 424.89 Carat ‘Legacy of the Cullinan Diamond Mine’

Petra Diamonds has sold the 424.89 carat ‘Legacy of the Cullinan Diamond Mine’ to Stargems Group / Choron ( Belgium ) BVBA for just under $15 million.

The exceptional D colour Type IIa gem mined from the Cullinan C-Cut adds to the most famous diamonds to have originated from this historic mine, the miner said.

Richard Duffy, Chief Executive Officer, commented on the sale: "This is a significant sale for Petra Diamonds and an endorsement of the quality not only of the Legacy diamond, but also the Cullinan ore body itself, which is known for its exceptional stones.’

Mr Shailesh Javeri, Chairman of Stargems Group commented: ‘The Cullinan Diamond Mine has produced some of the most iconic diamonds the world has ever seen and as a key client of Petra Diamonds we are honoured to have the opportunity to polish the ‘Legacy of the Cullinan Diamond Mine’.