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Petra ditches small diamonds

Petra Diamonds (LN:PDL) had operational and political headwinds in the first six months of its financial year but managed to keep revenue solid, thanks to higher diamond prices.

Petra ditches small diamonds Petra ditches small diamonds Petra ditches small diamonds Petra ditches small diamonds Petra ditches small diamonds

Rolling stones: Petra only wants the biggest rocks from Cullinan

In the six months to December 31, 2017, Petra produced 2.2 million carats, 10% more year-on-year.

Sales were lower (5% to 1.8Mct) partly because of the 71,000ct package from Williamson T...