News / World
De Beers Selling Cullinan Diamond Mine in South Africa
De Beers has announced that it will be selling its famed Cullinan Diamond Mine in
The deal is valued at $147 million dollars and further promotes De Beers pledge to support a more diversified diamond industry that would include black empowerment initiatives.
In 1905 the world’s largest rough diamond was discovered in the Cullinan Mine. Known as The Cullinan Diamond, the gem weight over 3000 carats.
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