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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
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
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
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
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
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
Williamson
Petra Faces Claims of Human-Rights Abuses
Petra Diamonds has received allegations of human-rights abuses at its Williamson mine in Tanzania, including claims of killings and
News Sep 10, 2020 Rapaport News
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
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