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 Mining company in South Africa finds rare blue diamond

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RR Phantom

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Mining company in South Africa finds rare blue diamond  Vide
PostSubject: Mining company in South Africa finds rare blue diamond    Mining company in South Africa finds rare blue diamond  Icon_minitimeThu Apr 18, 2013 8:57 pm

A rare blue diamond has been unearthed at a mine in South Africa.

Mining company in South Africa finds rare blue diamond  67091942diomondgallaryo



The 25.5-carat stone was recovered by Petra Diamonds at its Cullinan mine and is expected to bring large profits.

Experts say it could be worth more than $10m (£6m), and the find gave a boost to Petra's share price.

Similar finds in recent years from the Cullinan mine have commanded high prices and Petra, with operations in Botswana and Tanzania, is expecting a high level of interest from buyers.

"It's very unusual for a diamond of this quality and size to come to market," said company spokeswoman Cathy Malins.

http://www.bbc.co.uk/news/world-africa-22206303
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