HomeDiamondsDiamondRare Blue diamond ' worth millions' discover in South African mine


A rare blue diamond was discovered in a mine in South Africa which could cost fortunes.




The 29.6-carat stone was recovered by Petra Diamonds Limited at the Cullinan mine in South Africa, the company announced on Tuesday.

The stone is an outstanding vivid blue with extraordinary saturation, tone and clarity, and has the potential to yield a polished stone of great value and importance. In 2013, the same company which also operates in Botswana and Tanzania, unearthed another 25.5 carat blue diamond. It is speculated that the latest diamond discovered could also be sold for tens of millions of dollars. Such diamonds are usually sold in high-profile auctions in gatherings of some of world's richest people.



Cullinan mine, in the past, has produced hundreds of expensive large stones and is famous for its production of blue diamonds, which are among the most wanted and most expensive diamonds in the world.

The acorn-sized diamond, whose color makes it one of the rarest and most wanted in the world, Johan Dippenaar, the CEO of Petra, said it was "probably the most significant stone we've ever, in terms of blue stones, recovered".


The 1905 Cullinan Diamond was cut into two stones – the First Star of Africa and the Second Star of Africa – and form part of Britain's crown jewels held in the Tower of London.





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