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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 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
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
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
Petra’s Loss Widens in Weak Market
Shares in Petra Diamonds slipped 7% in early trading Monday after the miner reported its loss had broadened
News Sep 16, 2019 Rapaport News
Petra Cullinan mine 072219 150
Petra to Reduce Production as Prices Slip
Shares in Petra Diamonds slipped 6% in early trading Monday after the miner reported it would lower its production
News Jul 22, 2019 Rapaport News
Tanzania diamond
Independent Miner Finds 512ct. Rough in Tanzania
A Tanzanian small-scale miner has recovered a 512-carat diamond, the largest ever found in the country, according to a Twitter
News May 29, 2019 Rapaport News
Petra
Troubles at Finsch Mine Hit Petra Output
Production at Petra Diamonds fell in the third fiscal quarter due to operational challenges at its Finsch mine in South
News Apr 15, 2019 Rapaport News
Petra Johan Dippenaar
Petra Boss Steps Down Amid $203M Loss
Petra Diamonds CEO Johan Dippenaar will leave the company after it recorded a huge loss during the
News Sep 17, 2018 Rapaport News
Petra 150
Petra Drops After Weak Production Outlook
Shares in Petra Diamonds slipped on Monday after the miner lowered its production forecast for fiscal 2019.
News Jul 23, 2018 Rapaport News
Petra Diamonds
Petra to Raise $178M to Repay Debt
Petra Diamonds plans to sell stock to shareholders in a bid to raise $178 million and pay off its debt,
News May 24, 2018 Rapaport News
Williamson Petra Tanzania
Confiscated Diamonds Weigh on Petra Revenue
Petra Diamonds reported a 17% slide in revenue during its first fiscal quarter after a valuation dispute with
News Oct 23, 2017 Rapaport News
Williamson Petra Tanzania
Petra to Resume Sales from Williamson Mine
Tanzania has permitted Petra Diamonds to resume exports and sales of diamonds from its Williamson mine, after
News Sep 28, 2017 Rapaport News
Petra Diamonds Koffiefontein mine
Petra Strikes Spread to Koffiefontein Mine
Workers are striking at Petra Diamonds’ Koffiefontein mine in South Africa, adding to industrial action already taking place
News Sep 24, 2017 Rapaport News
Williamson
Petra Sees Continued Uncertainty at Williamson
Petra Diamonds has resumed operations at its Williamson mine in Tanzania, but remains uncertain when it will be cleared
News Sep 18, 2017 Rapaport News
Petra Diamonds Williamson mine
Petra Halts Williamson Mine After Diamond Seizure
Petra Diamonds has paused operations at its Williamson mine in Tanzania after reports that authorities seized a parcel
News Sep 12, 2017 Rapaport News
Cullinan Dream
Petra Cautious After Labor Unrest
Petra Diamonds’ share price fell on Monday as industrial action at its Cullinan mine forced the company to offer
News Feb 20, 2017 Rapaport News
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