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IN BRIEF: Petra Diamonds sells diamonds worth USD110.5 million

25th Feb 2022 15:41

Petra Diamonds Ltd - diamond miner in South Africa and Tanzania - Closes sales for 80% of the volume of its fourth tender cycle for 2022. Sells 589,168 carats for USD110.5 million at an average price of USD188 per carat. No exceptional stones were sold.

The remaining 20% of the volume is scheduled to close on March 7.

Current stock price: 99.30, up 2.4% in London

12-month change: up 18%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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