41.82-carat blue diamond discovered at Cullinan Mine by Petra Diamonds

Petra Diamonds has discovered a remarkable 41.82-carat blue diamond at the Cullinan mine in South Africa. The diamond, praised for its exceptional quality, could fetch over R500 million at auction. This find reinforces the value of South Africa's mineral wealth and comes amid a booming market for rare colored diamonds.

The stone, classified as a Type IIb diamond, was unearthed using advanced X-ray technology, ensuring minimal damage. Experts expect its estimated value to rise based on the final polishing results. The Cullinan mine is renowned for producing some of the world’s most extraordinary diamonds, contributing significantly to the local economy.