{"id":1111723,"date":"2019-04-18T12:12:56","date_gmt":"2019-04-18T12:12:56","guid":{"rendered":"http:\/\/www.mining.com\/?p=983099"},"modified":"2019-04-18T12:12:56","modified_gmt":"2019-04-18T12:12:56","slug":"petra-diamonds-on-a-roll-after-another-major-find-at-cullinan","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1111723","title":{"rendered":"Petra Diamonds on a roll after another major find at Cullinan"},"content":{"rendered":"<p>South Africa\u2019s Petra Diamonds (LON:PDL) has\u00a0found yet <a href=\"http:\/\/ir.q4europe.com\/Tools\/newsArticleHTML.aspx?solutionID=3144&amp;customerKey=PetraDiamonds&amp;storyID=14288195\"  rel=\"noopener\">another big rock\u00a0at its iconic Cullinan mine<\/a>, the third coloured diamond over 100 carats since March that has been unearthed at that operation.<\/p>\n<p><q class='pullQuote-right'>It&#8217;s is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered since March.<\/q><\/p>\n<p>The 209.9 carat, D colour, Type II gem-quality diamond is also the fourth such stone discovered by Petra so far this financial year.<\/p>\n<p>It follows last month\u2019s recovery of a <a href=\"http:\/\/www.mining.com\/petra-diamonds-shares-jump-another-discovery-cullinan\/\"  rel=\"noopener\">100.83 carat gem-quality diamond<\/a>\u00a0and a previous 6.12 carat Type II blue stone both found at Cullinan.<\/p>\n<p>The company, which recently appointed former gold miner Richard Duffy as chief executive, said the stone would be included in its upcoming sales cycle, along with a 425 carats D-colour Type IIA diamond recovered on March 29.<\/p>\n<p>Petra has been seeking to turn around its fortunes\u00a0<a href=\"http:\/\/www.mining.com\/petra-diamonds-ceo-leave-following-shares-value-dip-debt-increase\/\"  rel=\"noopener\">after piling up debt<\/a>\u00a0to expand Cullinan, which yielded the world\u2019s biggest-ever diamond in 1905.<\/p>\n<p>Shares in the company jumped on the news and were trading up 4.5% in London at 17.92p by 3:08 p.m. local time.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/petra-diamond-roll-another-major-find-cullinan\/\">Petra Diamonds on a roll after another major find at Cullinan<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find is the third Type II D-colour gem-quality diamond weighing more than 100 carats recovered since March and the fourth such rock discovered in the current financial year.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/petra-diamond-roll-another-major-find-cullinan\/\">Petra Diamonds on a roll after another major find at Cullinan<\/a> appeared first on <a rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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