Petra
latest news & developmentsPetra acquires Cullinan from De Beers for R1bn
De Beers Consolidated Mines, the South African arm of diamond giant De Beers, on Thursday said it had agreed to sell the Cullinan Diamond Mine as a going concern to the Petra…
De Beers sells underground Kimberley operations
The world’s biggest diamond mining group, De Beers, has agreed to sell its loss-making Kimberley underground mines to Petra Diamonds and its black partners, De Beers said on…
Olmert says he is ready to meet Arabs on peace bid
Israeli Prime Minister Ehud Olmert on Tuesday said he was ready to meet Arab leaders to discuss their peace initiative but that no conditions should be set in advance. "I invite…