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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
Petra Finsch mine
South Africa, Lesotho Mines Set for Shutdown
Petra Diamonds, Gem Diamonds, Firestone Diamonds and Lucapa Diamond Company are suspending operations at their mines
News Mar 25, 2020 Rapaport News
Petra
Challenging Market Weighs on Petra
Shares in Petra Diamonds slipped 16% in early trading Monday after the miner reported a net loss for
News Feb 17, 2020 Rapaport News
Petra
Petra Revenue Drops as Prices Weaken
Petra Diamonds’ shares fell 11% in early trading Monday after the miner reported a slide in revenue resulting
News Jan 27, 2020 Rapaport News
Petra
Petra’s South African Operations Back on Track
Operations at Petra Diamonds’ South African mines have resumed after the local electricity provider lifted restrictions
News Dec 12, 2019 Rapaport News
Petra
Petra Forced to Halt Production in South Africa
Petra Diamonds has had to put operations on hold at its three South African mines, due to a restriction on power
News Dec 10, 2019 Rapaport News
Petra
Petra Evacuates Cullinan After Wall Collapse
Three million tonnes of material fell into the open pit of Petra Diamonds’ Cullinan mine in South Africa
News Oct 30, 2019 Rapaport News
Petra
Weak Prices Dent Petra Revenue
Petra Diamonds’ revenue fell in the first fiscal quarter amid a drop in the average price and a weaker
News Oct 23, 2019 Rapaport News
Petra 20.08ct blue
Cullinan Blue Could Fetch $15M, Analysts Say
Petra Diamonds will offer a 20.08-carat blue diamond at a special tender in Johannesburg next month, with analysts predicting
News Oct 07, 2019 Rapaport News
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