Petra finds $10 million-plus white diamond

Petra Diamonds Ltd has found a 232.08-carat white diamond at its Cullinan mine in South Africa, which four analysts predict could fetch between $10 million to $16 million.

NEWS SNIPS – Petra Diamonds to mine about 3.2 mln carats this fiscal year

(Reuters) – Petra Diamonds Ltd said it would mine about 3.2 million carats in the financial year ended June 2015, an increase of 3 percent from the previous year. The company, which has five producing mines in South Africa and one in Tanzania, said it remained on track to meet its production target of about 5 million carats … Read more

High quality 198-carat diamond found in Lesotho

Maseru, Lesotho | AFP | Tuesday 5/8/2014 A 198-carat white diamond of excellent quality has been discovered in Lesotho, mining firm Gem Diamonds announced Tuesday. The stone was found in the Letseng mine in the kingdom’s northern Maluti mountains in July, the firm said in a statement. “This exceptional white, high-quality diamond displays no florescence and is expected to achieve … Read more