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Williamson mine Petra
Petra Reaches $6M Settlement over Abuse Claims
Petra Diamonds has agreed to pay $6 million (GBP 4.3 million) to settle violence claims at its Williamson mine
News May 13, 2021 Rapaport News
NDC ACDC 140
Ekati Mine Owners Join Natural Diamond Council
Arctic Canadian Diamond Company (ACDC) has become a member of the Natural Diamond Council (NDC) in an effort to promote
News Apr 20, 2021 Rapaport News
Petra Cullinan 140
Rough-Price Recovery Bolsters Petra’s Sales
Petra Diamonds’ revenue rose in the third fiscal quarter as demand improved and rough prices returned to pre-pandemic
News Apr 20, 2021 Rapaport News
Petra diamond Apr 2021
Petra’s Cullinan Mine Yields 39ct. Blue
Petra Diamonds has recovered a blue diamond weighing 39.34 carats at its Cullinan mine in South Africa, noting
News Apr 04, 2021 Rapaport News
Williamson
NGO Claims Lethal Ammunition Used at Petra Mine
Security guards at a Petra Diamonds mine in Tanzania swapped rubber projectiles with metal in their weapons, resulting in increased
News Mar 31, 2021 Rapaport News
Petra 299 ct
Petra Sells 299ct. Diamond for $12M
Petra Diamonds has sold a 299.3-carat rough stone to Stargems for $12.18 million, after recovering the diamond
News Mar 07, 2021 Rapaport News
Finsch Mine Petra 140
Petra Returns to Profit as Debt Deal Nears
Petra Diamonds reported a profit in the six months ending December 31, thanks to a stronger South African rand
News Feb 16, 2021 Rapaport News
Williamson processing plant mine Petra
Petra Hit with Fresh Allegations of Abuses
Petra Diamonds has begun an investigation into new claims of violence at its Williamson mine in Tanzania following a lawsuit
News Feb 10, 2021 Rapaport News
Rapaport Research Report February 2021 Cover
Beware a Supply Bottleneck
The positive sentiment the diamond market experienced during the past few months was a welcome change
Analysis Feb 04, 2021 Avi Krawitz
Petra 299ct 140
Petra Rough Prices Rise to Pre-Pandemic Levels
Rough-diamond prices at Petra Diamonds’ January tender rose 8% on a like-for-like basis, returning to levels seen before Covid-19, the
News Jan 19, 2021 Rapaport News
Petra Diamonds Williamson mine
NGO Warns Petra Lenders About Abuse Claims
Rights and Accountability in Development (RAID), a UK-based nonprofit, has written to Petra Diamonds’ major debt holders to raise
News Jan 17, 2021 Rapaport News
RRR Jan 2021 cover image
Were Diamond Companies Worth the Investment?
What parameters would one use to assess a company’s performance? For our analysis, sales provide the best
Analysis Jan 14, 2021 Avi Krawitz
Letlapa Tala Petra new 140
The Most Buzzworthy Diamonds of 2020
Amid a challenging year for the industry, diamonds proved the coronavirus pandemic couldn’t dampen their appeal.
News Dec 30, 2020 Leah Meirovich
Petra De Beers Blue Diamonds 150
De Beers Buys Petra Blue Diamonds for $40M
De Beers has purchased five rough blue diamonds from Petra Diamonds for more than $40 million
News Nov 25, 2020 Rapaport News
Petra Diamonds Finsch mine conveyor belt
Petra in the Red as Mines Lose Value
Petra Diamonds saw heavy losses in the latest fiscal year as sales slid and weakening rough prices
News Nov 17, 2020 Rapaport News
Williamson processing plant mine Petra
Petra Launches Probe into Violence Claims
Petra Diamonds is investigating allegations that security guards at its Williamson deposit in Tanzania carried out deadly violence
News Nov 12, 2020 Rapaport News
Letseng diamonds
Letšeng Prices Exceed Pre-Pandemic Levels
Gem Diamonds’ sales rose sharply in the third quarter as rough prices from its lucrative Letšeng mine
News Oct 28, 2020 Rapaport News
Petra Finsch 150
Petra Sales Rise as Rough Prices Recover
Petra Diamonds’ revenue jumped in the three months ending September 30 as rough prices grew and the company
News Oct 27, 2020 Rapaport News
Petra Blues 150
Petra to Offer Collection of Blue Diamonds at Tender
Petra Diamonds plans to hold a special tender of five blue diamonds it recovered from the Cullinan mine in South
News Oct 21, 2020 Rapaport News
Petra restructure 150
Petra Lenders Take Majority Control of Company
Petra Diamonds has called off its formal sales process, as its lenders have acquired majority ownership
News Oct 20, 2020 Leah Meirovich
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Weekly Market Comment

Positive sentiment as demand outpaces supply. US retail upbeat; May jewelry

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