Cullinan Project |
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Cullinan |
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Country |
South Africa
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Province |
Gauteng |
Former owner |
De Beers |
Close to |
Cullinan |
Status |
PRODUCTION
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Latitude / Longitude |
25 S 40 / 28 E 30 |
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Legends
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Risk and valuation analysis of the Cullinan Project |
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Title(s) of the Cullinan Project |
| Petra Diamonds Ltd Interest: 74% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Petra Diamonds Limited: 74%
Thembinkosi Mining Investments (Pty) Ltd: 14%
Petra Diamonds Employee Share Trust: 12% |
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Location of the Cullinan Project |
The Premier (now Cullinan) kimberlite is situated on the farm Elandsfontein 480JR at the town of Cullinan, 25 kilometres northeast of Pretoria. It is the most important pipe in a cluster of twelve Group I kimberlite pipes
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History of the Cullinan Project |
The mine was opened in 1902 and apart from brief closures between 1914 - 1916, and 1932 - 1945, it has consistently been a major diamond producer with a high frequency of finding diamonds larger than ten carats. The most famous stone found at the mi more...
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Geology of the Cullinan Project |
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The kimberlite pipe is dated at 1,180 Ma and the sill at 1,115 Ma. It originally measured 32 hectares at surface, making it the largest diamondiferous kimberlite in South Africa.
The pipe has an elongate oval shape which comprises diatreme faci more...
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Production history |
Metal | 2009 | 2008 |
DIAMONDS (carat) | 888,595 | 1,000,000 |
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Production Objectives |
Metal | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
DIAMONDS (carat) | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
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Data last updated on : 9/30/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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