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London-listed and deeply indebted Petra Diamonds realised R616m from the sale of just five diamonds from its flagship Cullinan mine near Pretoria.

Petra, the second-largest miner of SA diamonds after De Beers, is undertaking a major debt restructuring that will entail shareholders reducing their stake in the company to just 9% as it tackles its $650m bond that matures in early 2022...

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