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Petra sells 32.33 ct pink diamond for $15m

24th March 2016

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

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JOHANNESBURG (miningweekly.com) – Diamond miner Petra Diamonds has sold its recently recovered 32.33 ct pink diamond for $15-million.

The exceptional diamond, fetching $463 965/ct, was recovered from the Williamson mine in Tanzania and bought by Golden Yellow Diamonds on behalf of diamond manufacturer and large and unique coloured diamond specialist MA Anavi Diamond Group.

Petra retained a 10% interest in the proceeds of the polished diamond.

In December, Golden Yellow also bought an exceptional 23.16 ct pink diamond, also uncovered at the Williamson mine, in a partnership deal for $10.05-million, or $433 938/ct.

Petra retained a 20% interest in the sales proceeds of the polished diamond.

Edited by Creamer Media Reporter

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