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Petra Diamonds Sells 232.08 Carat White Diamond For USD15.2 Million

24th Oct 2014 10:45

LONDON (Alliance News) - Petra Diamonds Ltd Friday said it has sold the "exceptional" 232.08 carat white diamond recovered at the Cullinan mine in South Africa in September for USD15.2 million.

Petra Diamonds sold the stone to Diacore, a company with manufacturing facilities in Botswana, South Africa, Namibia and New York.

The company's latest diamond sale follows last month's sale of a 122.52 carat blue diamond recovered in June for a value equivalent to USD27.6 million.

Petra Diamonds shares were Friday quoted up 1.0% at 179.60 pence.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.


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