Petra Diamonds Weighs Sale as Diamond-Market Pressures Mount
Petra Diamonds has launched a strategic review that could ultimately lead to the sale of some or[…]
Another Diamond Mine in Trouble, But Signs of Recovery Are Emerging
The global diamond industry has suffered another setback, with Petra Diamonds announcing a business rescue plan for[…]
Petra Recovers Huge 41.82-ct Blue Diamond
Petra Diamonds today announced the recovery of a huge 41.82-carat Type IIb blue diamond at its Cullinan[…]
Petra to Refinance as Sales Slide by a Third
Petra Diamonds has announced plans for a major refinancing program - together with a 33 per cent[…]
Petra Diamonds hits all-time low as cash burn continues
Petra Diamonds is to begin discussions with financiers on refinancing a $273m bond that matures in March[…]
Duffy resigns as Petra CEO, interim revenue knocked by market weakness
Independent mining group Petra Diamonds, which owns and operates diamond mines in South Africa
Petra Sales Up, Prices Down
Petra Diamonds reported increased sales for FY 2024, despite weak market conditions.
Petra Diamonds focusing on refinancing $250-million loan notes
Petra Diamonds focusing on refinancing $250-million loan notes
Sotheby’s Rakes In $57.5M for De Beers Blue
A record blue diamond co-owned by De Beers far outstripped its presale estimate in a stand-alone sale[…]