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De Beers Group and Diacore are proud to have partnered for the purchase of an exceptional fancy colour diamond, with the purchase of a 39.34 carat blue diamond from Cullinan Diamond Mine for a total purchase price of $ 40.18 million, split equally between the companies.

This follows a similar partnership in November 2020 in which De Beers Group and Diacore purchased five rare blue diamonds from Cullinan totalling 85.62 carats. Cullinan has a unique and historic legacy with exceptional diamonds, having produced several of the world’s most famous diamonds, including the largest rough diamond ever discovered.

Paul Rowley, Executive Vice President of Diamond Trading, De Beers Group, said: “It is a privilege to have the opportunity to work with such a miracle of nature and a delight to see the legendary Cullinan deposit producing yet another breathtakingly beautiful gemstone. It’s great to be working again with Diacore on this diamond, given their outstanding history of releasing the true beauty of exceptional finds such as this.”

Nir Livnat, Chairman, Diacore, said: “We’re excited and humbled to have the opportunity of designing and shaping one of the most special and rare blue diamonds of such size and colour. Joining forces with De Beers specialists alongside our master cutters will enable us to create a world-class masterpiece.”

De Beers and Diacore will appoint expert artisans to study and work with the gemstone so that its beauty can be maximised before it is presented to the wider world.

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About Diacore

Diacore, a multinational diamond company, has diversified interests in the diamond industry providing rough and polished diamonds to customers around the world. The company has manufacturing facilities in Botswana, South Africa, Namibia and New York and has established its leadership in crafting rare, exceptional diamonds as well as unique high-end jewelry.

Diacore Group has created some of the world’s most famous diamonds, including the 203.04 carat Millennium Star and the magnificent Pink Star 59.60 carat, flawless fancy vivid pink diamond. Diacore is also proud sponsor of the Gaborone Diacore marathon, supporting communities in Southern Africa. www.diacore.com

About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of the De Beers Group strategy as it develops a portfolio of offers, including its jewellery houses, De Beers Jewellers and De Beers Forevermark, and pioneering solutions, such as diamond sourcing and traceability initiatives GemFair and Tracr. De Beers Group is committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – where safety, human rights and ethical integrity continue to be paramount; where communities thrive and the environment is protected; and where there is equal opportunities for all. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com