29.6-Carat Blue Diamond Found at South African Mine

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Petra Diamonds has uncovered a rare and coveted 29.6-carat blue diamond at a South African mine.

The “exceptional” acorn-sized diamond, with an estimated value of tens of millions of dollars, was unearthed at the Cullinan mine near Pretoria.

The Cullinan Diamond, a 3,106 carat rough diamond, was also found at the mine in 1905. That diamond now exists as two stones: the First Star of Africa and the Second Star of Africa.

Chief Executive Johan Dippenaar said the company will soon announce what they will do with the diamond.

 

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