|
Petra Diamonds Limited 67 Carat Diamond Sold for US$704,265
Adelaide, Apr 27, 2006 (ABN Newswire) - Petra Diamonds Limited (ASX: PDL), the AIM-quoted and ASX-listed diamond mining group, announces that the 67.1 carat diamond recovered from its South Africa operations in March 2006 was sold yesterday for an amount of US$704,265, equivalent to US$10,496 per carat.
Johan Dippenaar, Petra's CEO, commented, "We are delighted to announce the amount received from sale of this exceptional stone. The price realised was in the upper end of our expectations and bears testimony to the stones that can be produced from our South African operations."
Source:
Kevin Skinner
Telephone: +61 8 8234 9555
Field PR, Adelaide
Mobile: +61 414 822 631
About Petra Diamonds Limited
Petra is a diamond mining group focused on the exploration and mining of diamonds in Africa. Petra's strategy is to build a portfolio of revenue producing and exploration assets, achieving the objective of becoming a successful mid-tier diamond producer and explorer. Petra has operations in Angola, South Africa and Sierra Leone. Quoted on London's Alternative Investment Market (AIM), Petra is well placed to achieve spectacular results from the increasingly robust market for diamonds. The recent merger with ASX-listed Crown Diamonds creates a new force in the diamond industry, building shareholder value through exploration and production expertise.
|
|
|
