INDIAN JEWELLER

Gem Diamonds stops production at Indonesia

Will await improvement in diamond prices

Post By : Diamond World News Service On 15 December 2008 7:16 PM
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."
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.

Be the first to comment

Leave a comment

Spotlight News

New-Age Gold Balances Wearability with Subconscious Investment Value

  • Market Report - 13 April 2026 10:57 AM

GJS April 2026 to Open with Chandrashekhar Bawankule; GJC Unveils ‘Akshay Kala’ Theme

  • Associations and Trade Bodies - 03 April 2026 8:49 AM

Couture India Show 2026 Scheduled for September 26–28, in New Delhi

  • Fair Reports - 26 March 2026 11:44 AM

IIJS Bharat Tritiya 2026 -- A Shift Towards Cautious Optimism

  • Associations and Trade Bodies - 24 March 2026 4:17 PM

IIJS Bharat Tritiya 2026 Opens Doors to Trade Buyers in Bengaluru

  • Associations and Trade Bodies - 21 March 2026 6:29 PM

Email Alerts

WhatsApp Alerts