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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’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
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
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
Higher-Value Stones Lift Petra Revenue
Petra Diamonds’ revenue jumped in the first fiscal quarter due to demand for higher-quality goods. Revenue surged
News Oct 24, 2018 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
De Beers Botswana 150
De Beers, Botswana Prep for New Sales Deal
Botswana once again finds itself at a crossroads. The sparsely populated, landlocked country is in a constant battle to ensure the
News Jul 09, 2018 Avi Krawitz
GIA Pink Diamond
Petra Sells Kimberley Mine for $22M
Petra Diamonds will offload its majority stake in the Kimberley mine, claiming the deal will ensure
News Jul 05, 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
Petra Diamonds CEO Johan Dippenaar holding 122.52
Petra Diamonds Posts Heavy Loss
Petra Diamonds slumped to a significant loss in the first fiscal half as the South African rand strengthened against
News Feb 19, 2018 Rapaport News
Cullinan Mine Workers 150
Diamond Seizure Dents Petra’s Sales
Petra Diamonds’ sales fell in the first fiscal half after the Tanzanian government confiscated a parcel of rough
News Jan 29, 2018 Rapaport News
Botswana Diamonds Vutomi
Explorer Looks to Revive Historic Diamond Area
Botswana Diamonds has discovered a potential spot for diamond mining in an area of South Africa that it claims was
News Oct 30, 2017 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
Finsch mine Petra
Strikes End at Petra Diamonds’ Mines
Petra Diamonds has reached a new wage agreement with workers at three of its South African mines, bringing
News Oct 01, 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
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