Cullinan mine in South Africa

Revenue Slump as Petra Defers Sales

Petra reported a revenue slump for Q1 2025 after deferring the sale of almost all its South African goods because of persistent weak demand.

Petra Diamonds finds 342-carat rough at Cullinan mine

South Africa’s Petra Diamonds has recovered a 342.92-carat Type IIa white rough at its iconic Cullinan mine. The company said the diamond is “exceptional” quality, in terms of both its colour and clarity, and that it will likely be sold at the September tender. Petra fetched in March $12.2 million for a 299.3-carat Type IIA … Read more

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

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

Petra to sell blue diamonds recovered at Cullinan

A 20.08-carat Type IIb blue diamond recovered at Cullinan.

Petra Diamonds (LON: PDL) announced the launching of a special tender process for the Letlapa Tala Collection, which comprises five blue diamonds sourced from the Cullinan mine in South Africa.  Cullinan is known as the world’s most important source of blue diamonds, as well as being the place of birth of the 3,106-carat Cullinan diamond, … Read more