The Richemont-owned company is investing in its jewelry production and watchmaking workshops.
Cullinan Mine Produces 20-Carat Blue Diamond
The South African diamond mining site is responsible for the largest rough diamond ever recovered.
London—Petra Diamonds Ltd. just announced the recovery of a large blue diamond.
The diamond miner said Monday that it dug up an “exceptional” 20.08-carat Type IIb gem-quality blue at the famed Cullinan mine.
In its lifetime, the Cullinan mine has produced many large, high-quality white diamonds, as well as a number of blues.
It produced the largest gem-quality rough diamond on record, the 3,106-carat Cullinan Diamond, discovered in 1905.
In April, a 425.10-carat gem-quality white diamondwas recovered from the mine.
In a statement, Petra said of its 20.08-carat blue diamond discovery: “Today’s recovery not only demonstrates the quality of Petra’s asset base, as the Cullinan diamond mine remains a significant source of rare blue diamonds, but it again confirms the prevalence of exceptional stones in the Cullinan orebody as well as the ability of the mine’s plant to recover the full spectrum of diamonds.”
In addition to Cullinan, Petra has two other diamond mines in South Africa, Finsch and Koffiefontein.
De Beers previously owned all three mines.
The Latest
The designers participated in a six-month business development and mentorship program to develop and launch their jewelry collections.
Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
The retailer’s “On the Clock” campaign celebrates how time, precision, and purpose come together.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
Lab clients have the option to request this addition on their emerald reports.
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.