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Petra expects two-month import moratorium to help balance diamond market, prices
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Petra confident of medium-, long-term lift in market
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Demand at Petra s first 2024 financial year tender muted, but expected to pick
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In its fifth tender for the 2023 financial year, London-listed Petra Diamonds has generated $42.1-million from the sale of 468 800 ct.
CEO Richard Duffy says the lower sales in the fifth cycle represent a softening in the market following stronger sales in the fourth tender cycle, which closed in March.