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An “Exceptional” diamond discovery: 122 carat blue diamond found in South Africa!

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One of the world’s largest diamond mining companies has announced it has found a 122.52 carat blue diamond. Petra diamonds found the stone at the Cullinan mine in South Africa (the origin of the world’s largest mined diamond).

Blue Diamond found by Petra Diamonds

The rough diamond is to be assessed to estimate its real value prior to sale, although since the sale Petra diamond have seen their shares value jumped by 6.5%.

Many are wondering the price tag of such an epic find, and until the further analysis has been complete, based on the sale earlier this year of a similar blue diamond that made £500,000 per carat, it could achieve anything up to £61 million! Which would be a world record price for a rough diamond.


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