Petra Diamonds restarts South African mines

Only last year CAR was allowed to resume diamond exports after a three-year ban that tried preventing armed groups from financing a bloody inter-religious conflict.

The world’s largest rough diamond producer by value said, however, it continues to see steady demand.

The 373.7-carat diamond, sold during the Vancouver-based miner’s $54.8 million recent tender, was one of 15 large and high value diamonds offered by the company.

Here are the top 10 diamond mines in terms of output in carats and value.

Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.

Diamonds – and especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections.

The D-colour Type-II diamond is one of the highest-quality stones to come out of the company’s Letšeng mine.

Quarterly revenues were about half of the revenues posted in the year-ago quarter.

The top 10 largest mines in the world by value produced are estimated to represent 58% of global production.