+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

PETRA DIAMONDS LATEST PRESENTATION (May 12, 2015)


Petra Diamonds Limited is attending the Bank of America Merrill Lynch Global Metals, Mining & Steel Conference 2015 in Barcelona and has published a new presentation on its website. The presentation may be obtained here: BAML-Mining-Presentation-12-14-May-2015-FINAL. Petra Diamonds is a diamond mining group with interests in five producing mines: Finsch, Cullinan, Koffiefontein and Kimberley Underground (South Africa) … Continue reading PETRA DIAMONDS LATEST PRESENTATION (May 12, 2015)