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Shares in a diamond miner plunged more than 20% after a huge shipment was blocked from leaving Africa

LONDON — Shares in the FTSE 250-listed mining firm Petra Diamonds are plunging on Monday morning after the company said a shipment was blocked from leaving Tanzania. Petra said in a statement to the markets on Monday that a parcel of diamonds of around 71,000 carats has been stoped from leaving the country. Diamonds have no centralised price so calculating the overall value of that parcel is tricky, and appears to be the main reason the parcel has been blocked.
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