Petra sparkles as BHP ponders tie-up

13 April 2012

SHARES in AIM-listed mining minnow Petra Diamonds rose 3 1/2p to a fresh two-and-a-half-year high of 63p today after it revealed that BHP Billiton was interested in buying into its Alto Cuilo diamond project in north-eastern Angola. Petra said BHP Billiton has six months to decide whether to form a joint venture with the group.

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