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(ShareCast News) - Petra Diamonds has sold the 121.26 carat white diamond recovered at the Cullinan mine in South Africa for $6m as part of its June sales process in Johannesburg. It said the stone had been bought by a joint venture comprising diamond manufacturers Nemesis International and Golden Y
Read more(ShareCast News) - Petra Diamonds has recovered a 121.26 carat white diamond at the Cullinan mine in South Africa. The company said the stone is a Type II diamond of "exceptional colour and clarity, and is an outstanding example of the large, high quality diamonds for which the mine is known". It w
Read more(ShareCast News) - David Abery will step down from his role as finance director at Petra Diamonds to pursue other opportunities. Following his departure, he will continue to be available to the company on an advisory basis for at least six months, as part of the succession process. In addition, the
Read more(ShareCast News) - Macquarie boosted its forecast for the price of iron ore in 2017 on the back of burgeoning steel demand in the People's Republic of China and deferrals in supplies, but cut those for 2018 and 2019. In a research note dated 16 May the broker hiked its 2017 iron ore price forecast b
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