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Diamond industry at a strange and extraordinary crossroad

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Source: I. Hennig & Co Ltd

The Cullinan Blue was originally a 39.34-carat Type IIb rough recovered from the South African Cullinan diamond mine in April 2021 Source: Petra Diamonds

Discovered in April 2021 at the Cullinan Mines in South Africa by UK-based Petra Diamonds, the diamond was part of the special tender purchased by De Beers and diamond manufacturing firm Diacore for $US40.2 million ($AU55.79 million). Source: Sotheby's

The Fuchsia Rose is an 8.82-carat fancy intense purple-pink pearl shaped diamond that sold for US$6.78 million. Image: Christie's



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