Petra granted official ownership of Cullinan mine

According to reports, Petra Diamond Consortium has been officially approved by the South Africa’s Department of Minerals and Energy as the new owner of the Cullinan mine.
The Consortium had purchased the mine from De Beers for $150 million, some months ago. The Petra Diamonds Cullinan Group includes Petra, the Saudi based invest company Al Rajhi Holdings and Thembinkosi Mining Investments.