Kimberley Rough Goes on Sale in Antwerp

RAPAPORT… Production from the Kimberley mining operations in South
Africa will come to Antwerp for tender following Petra Diamonds’ sale of the
asset.

Until now, Petra only offered the goods for sale in South
Africa. The company offloaded its 76% stake in the project to Ekapa Mining for
$22 million last month in order to focus on its core assets.

Koin International will facilitate the initial sale of more
than 66,000 carats of rough weighing 0.75 carats and below, as well as 10.8-carat
stones and higher. Viewings will take place in Antwerp in late August and early
September, Koin said Tuesday. Production from other companies’ mines will
feature at the same tender.