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Articles from (PAID ONLY) DIAMONDS LOOSE - FANCY COLOR (134 Articles)

This diamond was found at the same mine site as the world's largest diamond
This diamond was found at the same mine site as the world's largest diamond
 









Rare 29-carat blue diamond uncovered

The announcement of a rare blue diamond discovery at a mine in South Africa has generated excitement in the industry.

The 29.6-carat blue diamond, found in the Cullinan mine near Pretoria, South Africa, has been labelled by the mine’s owner, Petra Diamonds, to “be in a class of its own”.

In a company release, Petra described the stone as “an outstanding vivid blue with extraordinary saturation, tone and clarity, with the potential to yield a polished stone of great value and importance”.

As with all rare items, its value will depend largely on what buyers are prepared to pay; however, a 25.5-carat blue diamond was sold by Petra in April last year for $US16.9 million (AU$19.3 m). 

The company announced the diamond as one of the most exceptional stones discovered at Cullinan and said it underlined the importance of the mine to its operation and the industry at large. 

The Cullinan mine has a revered place in history as the home of the world’s largest diamond; a 3,106-carat stone that was eventually cut up with major pieces forming part of the British crown jewels. This latest find has reinforced its status.

A CLOSE UP OF THE BLUE DIAMOND

The 29.6-carat uncut blue diamond in scale
The 29.6-carat uncut blue diamond in scale
Another angle of the largest blue diamond, which is estimated to sell around US$20 million
Another angle of the largest blue diamond, which is estimated to sell around US$20 million

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Saturday, 14 December, 2019 02:39am
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