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A tough year for diamond stocks

Petra expects prices to stabilise with high season coming up

Gareth Tredway
The company is heading into undliuted ore at Cullinan in South Africa

The company is heading into undliuted ore at Cullinan in South Africa

Shares in Petra Diamonds are amongst the worst hit this year, down some 65% and touching a fresh five-year low of 67.55p earlier this week. Fellow UK-listed players, Gem Diamonds is down 43%, while Firestone...

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