Petra Diamonds sells exceptional pink diamond for $15m

Company says it would retain 10 per cent interest in the polished proceeds


Reuters March 24, 2016
PHOTO: CORPORATE DIGEST

Petra Diamonds Ltd said on Thursday it had recovered and sold an exceptional 32.33 carat pink diamond from the Williamson mine in Tanzania for $15 million.

The company, which owns the historic Finsch and Cullinan mines, said it would retain a 10 per cent interest in the polished proceeds.

The diamond was bought by Golden Yellow Diamonds on behalf of diamond manufacturer MA Anavi Diamond Group, Petra said.

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