Blue Diamond Haul Offers Rare Good News for Struggling Miner
- Petra discovers five blue stones at its flagship Cullinan mine
- Finds won’t be enough to turn around company’s fortunes
A blue diamond previously recovered from the Cullinan mine in South Africa. Blue stones are among the rarest and most valuable and can fetch record prices.
Photographer: Chris Goodney/Bloomberg
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Struggling gem producer Petra Diamonds Ltd. found five blue stones, typically among the most valuable in the world, at its flagship mine in South Africa.