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Weaker Product Mix Dents Petra’s Rough Prices
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Weaker Product Mix Dents Petra’s Rough Prices
Petra Diamonds’ rough prices decreased at its latest tender as it offered smaller, lower-quality goods from its Cullinan mine in South Africa. The combined fifth and sixth trading sessions, which took place in part in April and finished in June, brought in $53 million from the sale of 613,747 carats, while like-for-like prices improved 3% across most product categories versus February’s fourth tender, the miner reported Monday. The sales value …
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