Cullinan Diamond Mine Sold For US$147 Million

. Saturday, December 8, 2007
  • Agregar a Technorati
  • Agregar a
  • Agregar a DiggIt!
  • Agregar a Yahoo!
  • Agregar a Google
  • Agregar a Meneame
  • Agregar a Furl
  • Agregar a Reddit
  • Agregar a Magnolia
  • Agregar a Blinklist
  • Agregar a Blogmarks

De Beers, the world's biggest diamond company declaring that they were selling the historic Cullinan Diamond Mine in South Africa where the largest diamond ever found.
"Over the last 100 years, Cullinan has played an integral part in writing the history of diamonds - giving the world its largest ever gem diamond, the Cullinan diamond, as well as many of the most famous and spectacular diamonds ever seen, including the two largest polished diamonds," he added.
The Cullinan Diamond Mine, established in 1902, is famous for the world's largest ever rough diamond, The Cullinan Diamond, which was discovered in 1905 and weighed over 3000 carats uncut.
De Beers company, the one that produced the largest diamond, The Cullinan, which weighed over 3000 carats, uncut.
The grand mine will go off for $147 million to the Petra Diamonds that is the second largest producer of diamonds in South Africa after De Beers, and is partnered in the country by Thembinkosi Mining Investments (Pty) Ltd which "brings together a significant pool of empowerment players".
The Cullinan Diamond Mine is one of the most illustrious diamond mines in South Africa and we are delighted to have concluded this transaction which will ensure a viable and sustainable mining operation for many years to come," said Petra chief executive Johan Dippenaar.
This will enable De Beers to best use our capital to invest in exciting growth opportunities and to sustain a strong diamond mining business in South Africa for the future," said Gareth Penny, Managing Director of the De Beers Group.
The mine is also the world's only significant producer of rare blue diamonds.