01 Dec 2021
DiamondWorld Directory
Home |
Petra Group announces first diamond sales
Koffiefontein mines generated good output
By: Diamond World News Service
Aug 8 2007 12:00AM
Reference: 1153  


Petra Group has announced the fist sales of diamonds, after acquiring the Koffiefontein mine from De Beers. Out of the total 16,698 carats sold, 35 stones were more than 10 carats each with a 60.25 carat stone selling for $736,000.

The total sales amounted to $6.85 million, with the average prices being $410 per carat. As Petra Chairman Adonis Pouroulis analyses the group’s performance, “We expect that a similar level of interest in future Koffiefontein sales and prices at this level means that Koffiefontein will contribute far more to Petra's Group turnover than originally anticipated."

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 30155
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 6614
GJEPC Chairman Interview
Views: 26413
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 36316
Promo for IJ Awards 2012 at NDTV Profit
Views: 50254
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 63610
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20382
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 48252
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 47402
DW Whatsapp Sub sq
Member of:
Supporter of: