Exceptional diamonds are forever and the last few months have been an epoch of new exceptional diamonds. In the wake of the discoveries in Botswana (Lucara Diamonds Karowe kimberlite south lobe – the 1,111 ct Type IIa Lesedi La Rona and several other large diamonds) and in Angola (Lucapa Diamond Company – 404 ct recovered … Continue reading It’s a time of exceptional diamonds
+10 M USD: Williamson kimberlite pink diamond sold
Petra Diamonds Limited sold the exceptional 23.16 carat pink diamond recovered from the Williamson mine in Tanzania in November into a partnership, with Petra receiving US$10,050,000 (US$433,938 per carat) for the rough stone, as well as retaining a 20% interest in the sales proceeds of the polished. The diamond was bought by Golden Yellow Diamonds on … Continue reading +10 M USD: Williamson kimberlite pink diamond sold
Lower than planned revenue – PETRA DIAMONDS announces for FY015
In a news release published today, PETRA DIAMONDS updates FY2015 targets (update on June 12 for a FY ending June 30). Carat production is maintained at 3.2 million carats (as a 5 Mct long term – 2019 – target), yet revenues are downgraded to 430 M USD for FY2015. The lower than planned revenue is explained … Continue reading Lower than planned revenue – PETRA DIAMONDS announces for FY015