PETRA DIAMONDS HAS ANNOUNCED THE RECENT RECOVERY OF A 507.55 CARAT ROUGH WHITE DIAMOND FROM THE FAMED CULLINAN MINE IN SOUTH AFRICA. ACCORDING TO THE MEDIA RELEASE, PETRA RECOVERED THE DIAMOND ON 24.SEPTEMBER. WHILE EXPERTS CURRENTLY ARE ANALYZING THE STONE, INITIAL EXAMINATIONS INDICATE THAT THE STONE IS OF EXCEPTIONAL COLOUR AND CLARITY, AND IS MOST LIKELY A TYPE II DIAMOND. FURTHER DETAILS, INCLUDING THE EXACT COLOUR GRADING AND CLARITY, WILL BE RELEASED ONCE THE DIAMOND HAS UNDERGONE APPROPRIATE ANALYSIS. ACCORDING TO THE RELEASE, THE AMAZING DISCOVERY OF THE 500 PLUS CARAT PIECE ROUGH WAS PART OF A RUN THAT ALSO INCLUDED A 168 CARAT PIECE OF ROUGH AND TWO OTHER STONES 58.5 AND 53.3 CARAT. AT 507.55 CARATS, THE DIAMOND, WHICH HAS NOT BEEN NAMED, IS ONE OF THE TOP 20 LARGEST HIGH QUALITY ROUGH DIAMONDS EVER FOUND, RANKING IT ALONGSIDE OTHER ROUGH DIAMONDS FOUND AT THE CULLINAN MINE. THE CULLINAN MINE PRODUCED THE WORLD'S LARGEST GEM QUALITY DIAMOND EVER RECOVERED, THE "CULLINAN", AT 3,106 CARATS ROUGH, AND WAS THE SOURCE FOR THE 'GOLDEN JUBILEE', AT 755 CARATS ROUGH, AND THE 'CENTENARY', AT 500 CARATS ROUGH. CULLINAN ALSO PRODUCED THE PIECE OF ROUGH THAT EVENTUALLY BECAME THE TAYLOR-BURTON DIAMOND, WHICH WAS 69 CARATS POLISHED. "THE CULLINAN MINE HAS AGAIN GIVEN THE WORLD A SPECTACULARLY BEAUTIFUL AND IMPORTANT DIAMOND", PETRA DIAMONDS CEO JOHAN DIPPENAAR SAID IN THE RELEASE. "INITIAL INDICATIONS ARE THAT IT IS OF EXCEPTIONAL COLOUR AND CLARITY, WHICH SUGGESTS EXTRAORDINARY POTENTIAL FOR ITS POLISHES YIELD. WE NOW EAGERLY AWAIT THE FINDINGS OF THE EXPERT ANALYSIS."
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