Petra Diamonds output rises 20pc

Petra Diamonds yesterday announced a 20 per cent rise in production for the nine months to 31 March 2013, with output during the first three months of 2013 up four per cent year on year. The diamond miner last month recovered a 25.5 carat blue diamond and is “considering various routes to market” for the rare stone. “We are focussed on achieving our stated full-year production target for FY 2013,” said CEO Johan Dippenaar.