Petra Diamonds Ltd. (LSE:PDL) announced the discovery of a 122.52-carat blue diamond at its South Africa-based Cullinan mine.
As quoted in the press release:
The stone will require further analysis in order to assess its potential value and upon completion of this process, Petra will be in a position to evaluate its optimal route to market. The diamond will therefore not be sold before the end of the Company’s current financial year (30 June 2014).
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