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 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 sells 299 carat diamond for $12.18 million
Petra Diamonds has sold a 299.3 carat diamond recovered in January at its iconic Cullinan mine, in[…]
Petra Diamonds’ investors back restructuring
Struggling Petra Diamonds (LON: PDL) said on Wednesday its investors have approved plans to restructure the business,[…]