Monday , April 15 2024

Petra to resume diamond exports

Petra Diamonds has been granted authorisation to resume export and sales of diamonds from its Williamson mine.

Details of the timing and process for the next diamond parcel to be exported to Petra’s marketing office in Antwerp are soon to be finalised between government and the miner.

Meanwhile no resolution has been reached with regard to the parcel of 71 654.45 ct that was seized by the government earlier this month.

The Tanzanian government had questioned key personnel from the mine over allegations that the value of the diamonds had been under-declared, after seizing the parcel of diamonds. Government’s evaluation had found a $15-million discrepancy.

However, Petra says its government responsibility evaluate diamonds and gemstones from the mine before they are exported to Antwerp for sale.

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