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Recovery of a 122.52 ct Blue Diamond at Cullinan
Recovery of a 122.52 ct Blue Diamond at Cullinan.
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 5275J Petra Diamonds Limited 13 June 2014 \n \n\n \n \n\n\n\n\n13 June 2014\n\n\nLSE: PDL\n\n\n\n\n \n \nPetra Diamonds Limited\n(\"Petra\" or the \"Company\" or the \"Group\")\n \nRecovery of a 122.52 carat Blue Diamond at Cullinan\n \n \nPetra Diamonds Limited announces the recovery of an exceptional 122.52 carat blue diamond at the Cullinan mine in South Africa. \n \nThe stone will require further analysis in order to assess its potential value and upon completion of this process, Petra will be in a position to evaluate its optimal route to market. The diamond will therefore not be sold before the end of the Company's current financial year (30 June 2014).\n \nThe rarity of a blue diamond of this magnitude sets it apart as a truly significant find. Cullinan is known as the world's most important source of blue diamonds and since Petra acquired the mine in 2008, it has continued to produce a number of exceptional blues (see the 'Notes to Editors' for further information). \n \nPhotos of the 122.52 carat blue can be viewed at the Company's website:\n www.petradiamonds.com and www.petradiamonds.com/media/image-library/diamonds.\n \n \nFor further information, please contact:\n \n\n\n\n\nPetra Diamonds, London \n\n\nTelephone: +44 20 7494 8203\n\n\n\n\nCathy Malins \n\n\[email protected] \n\n\n\n\nCornelia Browne\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\n\n\[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 \n\n\n \nNotes to Editors:\n \n \nAbout Petra Diamonds Limited\nPetra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in six pr...