Business
29.6 carat blue diamond sells for US$25.6 million
29.6 carat blue diamond sells for US$25.6 million.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 1227A Petra Diamonds Limited 14 February 2014 \n\n \n \n\n\n\n\n14 February 2014\n\n\nLSE: PDL\n\n\n\n\n \n \nPetra Diamonds Limited\n(\"Petra\" or the \"Company\")\n \n29.6 carat blue diamond sells for US$25.6 million\n \n \nPetra Diamonds Limited announces that the exceptional 29.62 carat blue diamond recovered from the Cullinan mine in South Africa in January has today been sold, following a highly competitive sales process, for US$25,555,555 (US$862,780 per carat). \n \nThe diamond was bought for Cora International NY through the South African company Golden Yellow Diamonds.\n \n \nJohan Dippenaar, CEO of Petra, commented:\n \n\"This sale result affirms this stone as one of the most important blue diamonds ever recovered. An additional allure is the diamond's heritage from the Cullinan mine in South Africa, which is well known as the source of many of the world's most spectacular diamonds, including the two main diamonds in the British Crown Jewels, and which is the world's most important source of very rare blue diamonds.\"\n \n \nPhotos of the 29.6 carat blue can be viewed on the following link at the Company's website: http://www.petradiamonds.com/media/image-library/diamonds. \n \n \nFor further information, please contact:\n \n\n\n\n\nPetra Diamonds\n(Corporate Communications)\n\n\nTelephone: +44 20 7494 8203\n\n\n\n\nCathy Malins \n\n\[email protected] \n\n\n\n\n \n\n\n\n\nBuchanan\n(PR Adviser)\n\n\nTelephone: +44 20 7466 5000\n\n\n\n\nBobby Morse\nLouise Mason\nCornelia Browne\n\n\[email protected] \[email protected]\[email protected] \n\n\n\n\n \n\n\n\n\nRBC Capital Markets\n(Joint Broker)\n\n\nTelephone: +44 20 7653 4000\n\n\n\n\nMatthew Coakes\nJonathan Hardy\n\n\[email protected]\[email protected]\n\n\n\n\n \n\n\n\n\nCanaccord Genuity Limited\n(Joint Broker)\n\n\nTelephone: +44 20 7523 8000\n\n\n\n\nRyan Gaffney\n\n\[email protected]\n\n\n\n\nChris Fincken\n\n\[email protected] \n\n\n\n\n \n \n~ Ends ~\n \nAbout Petra Diamonds Limited\nPetra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the internationa...