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Williamson processing plant
Petra Prices Slide 24% at Rough Tender
Rough prices tumbled at Petra Diamonds’ latest tender as geopolitical challenges dented the market. The April sale
News May 03, 2022 Rapaport News
Petra Finsch 140
Petra Extends Life of Cullinan, Finsch Mines
Petra Diamonds will invest $389 million to expand its two main mines in South Africa, each of which
News Feb 22, 2022 Rapaport News
Petra 342.92ct 140
Cullinan Yields 343ct. Rough for Petra
Petra Diamonds has recovered a 342.92-carat rough diamond from its Cullinan mine in South Africa, it said Wednesday.The
News Jul 28, 2021 Rapaport News
Letlapa rough blue diamonds
Record Big-Stone Sales Boost Petra Results
Petra Diamonds’ sales accelerated in the past fiscal year as the market improved and discoveries of high-value stones
News Jul 22, 2021 Rapaport News
Petra 39ct April 2021
Petra Sells Blue Diamond to De Beers for $40M
De Beers has made its second big-money rough purchase from Petra Diamonds in less than a year, snapping
News Jul 13, 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
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
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 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
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
NUM 150
De Beers, Petra Workers Prepare to Strike
Workers at De Beers’ and Petra Diamonds’ operations in South Africa are planning to go on strike after the parties failed
News Oct 04, 2020 Rapaport News
Mining Ekati 150
Mining Sell-Off Highlights Sector’s Woes
Just as the sun emerged from behind the clouds and diamond demand began to recover from a glut
News Aug 06, 2020 Leah Meirovich
The new Cullinan plan
Petra Revenue Falls to Nine-Year Low
Petra Diamonds’ full-year sales dropped to their lowest level in almost a decade as the coronavirus aggravated an already weak
News Jul 26, 2020 Rapaport News
Petra Mines
Petra’s Tough Sales Pitch
The current plight of Petra Diamonds is a frustrating example of the impact Covid-19 has had on the diamond industry,
Analysis Jul 16, 2020 Avi Krawitz
Petra Cullinan 150
Petra Seeks Buyer for Its Business
Petra Diamonds plans to sell the company as it struggles with mounting debt.The company owns the Cullinan, Finsch
News Jun 28, 2020 Rapaport News
petra mine 150
Petra Mulls June Tender After Rough-Price Slump
Petra Diamonds is considering whether to hold a rough tender in June after a market slowdown prompted it to cancel its May
News May 31, 2020 Rapaport News
Petra
Petra to Postpone Debt Repayment
Petra Diamonds plans to delay the next interest payment on its $650 million bond to preserve liquidity for
News May 03, 2020 Rapaport News
Miners
Heavy Debt Looms over Mining Shutdown
A number of diamond-mining companies that have halted production during the COVID-19 crisis will find it difficult to resume
News Apr 23, 2020 Leah Meirovich
Petra Cullinan mine plant
Rough Prices Slide 24% at Petra Tender
Rough prices slumped at Petra Diamonds’ March tenders in South Africa and Antwerp as the severe slowdown in the
News Mar 29, 2020 Rapaport News
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