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IN BRIEF: Petra Diamonds completes $141 million diamond sale

ALN

Petra Diamonds Ltd - London-based diamond mining company focused on South Africa and Tanzania - On Monday, sells 735,222 carats for $140.6 million in its fourth tender of its 2022 financial year ending June 30. The fourth tender includes one 157.8 carat exceptional stone from Cullinan mine selling for $5.5 million. Petra Diamonds intends to hold two further tenders during financial 2022 in April and June.

Current stock price: 110.00 pence

12-month change: up 72%

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