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IN BRIEF: Petra Diamonds completes USD141 million diamond sale

10th Mar 2022 07:00

Petra Diamonds Ltd - London-based diamond mining company focused on South Africa and Tanzania - On Monday, sells 735,222 carats for USD140.6 million in its fourth tender of its 2022 financial year ending June 30. The fourth tender includes one 157.8 carat exceptional stone from Cullinan mine selling for USD5.5 million. Petra Diamonds intends to hold two further tenders during financial 2022 in April and June.

Current stock price: 110.00 pence

12-month change: up 72%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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