Petra Diamonds News

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

Petra received authorization to resume diamond exports and sales from the Williamson mine

Petra Diamonds is experiencing labor disruptions in three of its mines

They were charged with economic sabotage for allegedly undervaluing a Petra diamond parcel

Revenue was up 11% to $477 million year-on-year, but net profit was down 69%

Tanzani confiscated a Petra consignment of 71,645-carats from Petra's Williamson mine