Petra Diamonds announced that the 299.3-carat diamond recovered at the Cullinan diamond mine in January 2021 has been sold to Stargems DMCC for $12.18 million.
This exceptional Type 11a white gem quality diamond mined from the Cullinan C-Cut adds to the most famous diamonds that have originated from this historic mine.
The diamond achieved a price of $40,701 per carat, which exceeds the $34,386 per carat received for the 424.89-carat ‘Legacy of the Cullinan Diamond Mine’ in May 2019.
Richard Duffy, Chief Executive Officer, commented: “This is another significant sale for Petra Diamonds, following the sale of the Letlapa Tala Collection in November 2020, and a further endorsement of the quality of the Cullinan ore body which is known for its exceptional stones.”