Ramble On Ron

Diamonds, Music and other Facets of Life

Petra Diamonds Finds HUGE 507 Carat Stone

Posted on | October 2, 2009 | 3 Comments

They found some big ones this week in South Africa, most notably a 507 carat white Type II clean diamond.  I’m sure they’ll try to get a 200 carat out of it, and I can’t wait to see what this thing looks like finished!

From Reuters:

LONDON, Sept 29 (Reuters) – AIM-listed Petra Diamonds (PDL.L) said on Tuesday it had recovered one of the world’s 20 largest, high-quality white diamonds at the Cullinan mine in South Africa.

The massive 507.55 carat diamond, found on Sept. 24, could be worth about $20 million, and is expected to cover costs at the mine for two years, Finance Director David Abery said.

“Initial examinations indicate that it is of exceptional colour and clarity,” Petra Diamonds said, adding it was found alongside other large white diamonds of 168 carats, 58.50 carats and 53.30 carats.

“The Cullinan mine has again given the world a spectacularly beautiful and important diamond,” said Chief Executive Johan Dippenaar, noting Cullinan was the source of the world’s largest gem diamond ever recovered, at 3,106 carats rough.

Here’s a video of this big rock:

Comments

  • Whoa, what a find. I’d also be interested to hear what becomes of it. Thanks for reporting!

  • ed

    it’s glorious!

  • ron

    Thanks for reading, we’ll keep you posted on how it comes out!