Alleastafrica
  • Home
  • LATEST NEWS
  • Tanzania grants Petra authorisation to resume diamond exports, sales
LATEST NEWS

Tanzania grants Petra authorisation to resume diamond exports, sales

DAR ES SALAAM – The Tanzanian government has granted LSE-listed Petra Diamonds authorisation to resume the export and sales of diamonds from its Williamson mine.

The miner and the government will now finalise details of the timing and process for the next diamond parcel to be exported to Petra’s marketing office in Antwerp.

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

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

Related posts

Ethiopian colours, Oromo buzz as Frankfurt welcomes Abiy

Newsroom

SPECIAL REPORT: UAE’s DP World breaches controversial port contract in Somaliland

NewsDesk

Uganda: Journalist forced to delete Kayihura pictures at military court

Newsroom

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More