Petra announced the results of Tender 3 of FY 2023, this morning, at which 305,366 carats were sold for a total of US$42.3 million across Petra's mining operations. The average price received was $138/ct up from $137/ct in Tender 2. Like-for-like rough diamond prices improved by 2.2% on Tender 2 FY 2023 and by 7.4% compared to Tender 2 of FY 2022. YTD prices ($162/ct) are up 12.7% compared to the first three tenders of FY 2022. Crucially the company has not sold any exceptionals despite mining i ....

13 Dec 2022
Petra Diamonds (LSE: PDL) - 3rd Tender

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Petra Diamonds (LSE: PDL) - 3rd Tender
Petra Diamonds Limited (PDL:LON) | 25.0 0.2 3.3% | Mkt Cap: 48.5m
- Published:
13 Dec 2022 -
Author:
David Butler -
Pages:
4 -
Petra announced the results of Tender 3 of FY 2023, this morning, at which 305,366 carats were sold for a total of US$42.3 million across Petra's mining operations. The average price received was $138/ct up from $137/ct in Tender 2. Like-for-like rough diamond prices improved by 2.2% on Tender 2 FY 2023 and by 7.4% compared to Tender 2 of FY 2022. YTD prices ($162/ct) are up 12.7% compared to the first three tenders of FY 2022. Crucially the company has not sold any exceptionals despite mining i ....