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Petra sells record $60m of 'exceptional stones'

A hard few years for the diamond business looks to be coming to an end, although debtors not shareholders are now the key beneficiaries
Petra sells record $60m of 'exceptional stones'

One big stone can make a huge difference to a miner’s year. For Petra Diamonds (PDL), which has struggled with its debt load, Covid-19 restrictions and difficult mines, the discovery of a 39-carat blue diamond in April was a cherry on top in a first half performance that saw it sell a record $60m worth of “exceptional stones”. 

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