Petra unearths a rare type stone!
Diamond
is of Type II, D colour,
White,
from Cullinan Mine
Petra
Diamonds confirms that it recovered a 425.10 carat D colour Type II gem quality
diamond earlier at its Cullinan Diamond Mine. This recovery further
demonstrates the prevalence of these types of stones in the Cullinan ore body
as well as the ability of the mine’s plant to recover the full spectrum of
diamonds. The stone is expected to be sold during Q4 FY 2019.
According
to Petra Diamond, ‘Petra's strategy is to focus on value rather than volume
production by optimising recoveries from its high quality asset base in order
to maximise their efficiency and profitability. The Group has a significant
resource base of ca. 290 million carats, which supports the potential for
long-life operations.’
Petra
Diamonds is a leading independent diamond mining group and a consistent
supplier of gem quality rough diamonds to the international market. The Company
has a diversified portfolio incorporating interests in three underground
producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one
open pit producing mine in Tanzania (Williamson).
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