This morning, Petra announced it has decided to postpone its Tender 6 that was planned for June 2023 due to market weakness that it first noted during its Tender 5 in May. The sale of 230kct from Cullinan, 150kct from Finsch, the 75.9kct of predominantly higher value stones withheld from Tender 5 as well as further run of mine production from both Cullinan Mine and Finsch, will be offered for sale the first tender of FY 2024 expected to be held in August 2023.
