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[…]
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
Petra to sell 32-ct Pink Diamond from Re-opened Mine
Petra is to offer a 32.32-carat pink diamond at its first tender of goods from the Williamson[…]
Petra Diamonds mulls selling Williamson mine
South Africa’s Petra Diamonds is considering selling its Williamson mine in Tanzania, even as it continues to[…]