Business
Recovery of 209.9 carat stone at Cullinan
Recovery of 209.9 carat stone at Cullinan.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 6736W Petra Diamonds Limited 18 April 2019 \n\n \n \n \n\n\n\n18 April 2019\n\n\n LSE: PDL\n\n\n\n \nPetra Diamonds Limited\n(\"Petra,\" the \"Company\" or the \"Group\")\n \nNotification of Recovery of 209.9 carat Type II white stone at Cullinan Diamond Mine \n \nPetra Diamonds Limited is pleased to confirm that it has today recovered a 209.9 carat D colour Type II gem quality diamond at its Cullinan Diamond Mine. \n \nThis is the third +100ct Type II D colour gem quality diamond recovered since March 2019, and the fourth such stone in the current financial year. \n \nToday's recovery again demonstrates the prevalence of these types of stones in the Cullinan orebody, with an improved incidence of large and high-value stones as the C-Cut Phase 1 block cave progresses across the footprint, and the ability of the mine's plant to recover the full spectrum of diamonds. The stone is expected to be sold during the fourth quarter ending 30 June 2019.\n \nThe Company has also confirmed today that 'The Legacy', the exceptional 425 carat D colour Type II A diamond recovered from the Cullinan mine on 29 March 2019, together with this stone, will be offered for sale during the course of the Company's next sales cycle in South Africa. Appointments to view these stones in Johannesburg can be made by contacting the Company's Head of Sales and Marketing, Greg Stephenson ([email protected]). \n \nPhotos of the 209.9 carat stone can be found at www.petradiamonds.com/media/image-library/diamonds.\n \n~ Ends ~\n \nFor further information, please contact:\n \nPetra Diamonds, London Telephone: +44 20 7494 8203\nMarianna Bowes &nbs...