Petra buys South Africa’s second largest diamond mine from De Beers

BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.

Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.

The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices.

The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence").