Petra puts “exceptional” 39-carat blue diamond up for sale

South Africa’s Petra Diamonds has put a 39.34 carat Type IIb gem recovered at its iconic Cullinan mine in April up for sale, with viewings beginning June 15. The company said the diamond of “exceptional quality” in terms of both its colour and clarity, will be showcased in Antwerp, Dubai, Hong Kong and New York. … Read more

De Beers Buys Petra Blue Diamonds for $40M

Petra De Beers

De Beers has purchased five rough blue diamonds from Petra Diamonds for more than $40 million in partnership with one of its sightholders. The miner bought the Letlapa Tala collection together with South African wholesaler and manufacturer Diacore for $40.4 million, split equally between the two companies. The type IIb stones, which originated from Petra’s … Read more

Rare Rough Blue Diamonds

rare blue diamonds

Recovered from the famous Cullinan Mine in South Africa, these blue diamonds are among the world’s most expensive Five blue diamonds have been recovered from Petra Diamonds’ famous Cullinan mine in South Africa. They are among the world’s most expensive diamonds, and were formed deep within the Earth about 400 miles below the surface, which … Read more

Three exceptional diamonds sell at auctions.

A fancy vivid pink Diamond and a fancy vivid blue diamond

The first a heart shaped gem was a 5.04 carat fancy vivid blue heart modified brilliant cut diamond with VS2 clarity. The stone is mounted on a platinum ring flanked by two pear-shaped diamonds. It achieved more than $10.5 million USD, making it the top lot at the Sotheby’s auction. The second was a 4.49 … Read more

Two Fancy Colored Heart Shaped Diamonds

A fancy vivid pink Diamond and a fancy vivid blue diamond

Two hearts, one blue, the other pink, will appear at Sotheby’s Hong Kong Magnificent Jewels auction as if they were always meant to be together. They will be sold separately during the July 10 sale at the Hong Kong Convention & Exhibition Centre. Combined, their high estimate is $18.5 million. The first is a 5.04 … Read more

Botswana unveils rare 20 carat blue diamond

Botswana Blue Diamond

“The 20.46 carat oval shape fancy precious rock has been named “The Okavango Blue” in honour of the Okavango Delta, the country’s wildlife rich world heritage site”