Petra Diamonds News

Despite increased production at its mines, Petra recorded a net loss in the 2nd half of 2019

Production was up 3% to 2,070,240 carats in the last six months of 2019

The stone, uncovered at Cullinan, fetched $741,000 per carat

Revenue was down 23% quarter-on-quarter to $61.6 million

Petra Diamonds will hold a special tender in mid-November of the exceptional blue stone

Ekapa Mining has taken on all of the aspects of the mine's operation

Petra's CEO: "“The first quarter of FY 2019 shows solid operational delivery"

Johan Dippenaar will step down after 12 years as CEO

Production was up 15% to 4.6 million carats, revenue was up 21% to $576.4 million

Petra, which reported a net debt of $622 million in March, will sell stock to shareholders

Petra reported a net loss of $117.7 million for the six months to 31 December 2017

Petra reported a net loss of $117.7 million for the six months under review

Petra has cut its 2018 diamond production forecast to 4.6-4.7 million carats

Petra will produce 4.8-5 million carats despite several disruptions

The number of noteworthy diamonds discovered has been increasing in recent years

Production during the period was down 4% and revenue was down 17% to $78.7 million

Petra is in trouble after labor disruptions and uncertainty around sales from Williamson

Petra Diamonds has raised salaries for miners in three South African mines