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VIDEO: Five blue diamonds labelled ‘one of nature’s rarest treasures’ sell for over £30m

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The stones, weighing in at a total of 85.6 carats, were sold to a partnership between De Beers and Diacore by Petra Diamonds

Petra Diamonds puts up ‘for sale’ sign

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Following a strategic review of its finances, the firm is seeking offers for all, or part, of the business.

Revenue falls for Petra Diamonds amid weak gem market

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Company's chief executive says the business delivered solid results in a difficult market.

Petra Diamonds reports record production and revenue levels

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Petra Diamonds has revealed a production and revenue increase for the year ended 30 June 2017. In its Trading Update ahead of its preliminary results...

Slump in diamond prices decimates Petra’s revenues

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Half-year sales at Petra Diamonds declined some $61m (£43m) versus the same period last year, the rough diamonds supplier and mining firm confirmed yesterday. Petra...

Petra Diamonds reports 28% fall in revenue in first-half results

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Petra Diamonds Limited has announced its trading update (unaudited) for the six months ended 31 December 2015, ahead of the publication of the Company's...

10 things the jewellery industry learned in 2015

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With the year officially done and dusted, Professional Jeweller looks back on the most important trends and stories of 2015 and the lessons that...

Blue Moon sells for record breaking £32m at auction

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A new world auction record for any diamond of any colour or any gemstone was set yesterday (Nov 11) when the Blue Moon diamond...

Sotheby’s Geneva to auction rare 12ct Blue Moon diamond

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Sotheby’s Geneva is preparing to sell the largest cushion-shaped fancy vivid blue diamond ever to appear at auction. The rare stone will lead Sotheby’s Magnificent...

Petra Diamonds net profit plummets 33% in “challenging” FY2015

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Petra Diamonds Limited has announced its preliminary results for the year ended June 30 2015, citing a 10% drop in revenue to US$425.0 million...
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