Pe­tra Di­a­monds sells off its sites in Botswana

The Daily Telegraph - Business - - Business -

Pe­tra Di­a­monds has sold off its Botswana di­a­mond prospects in an at­tempt to pay off its debt. The com­pany, which dug up some of the stones used in the Bri­tish crown jew­els, said that it would sell Sekaka Di­a­monds to Botswana Di­a­monds for around $300,000 (£238,000). It will also be en­ti­tled to 5pc of future di­a­mond rev­enues from the sites.

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