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Petra Diamonds

  • Petra Diamonds predicts slow recovery in diamond prices

    Mining

    The average realised price per carat for the six months came in at $113 per carat (£90), in line with prices in the first half of the year but down 29 per cent from the second half of 2022.

    "Whilst we believe that prices have now bottomed, we expect pricing to recover more slowly than initially thought," said the CEO of Petra Diamonds.

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