Petra Diamonds launches 'immediate' cost review amid weak market pricing
8th May 2026 09:04
(Sharecast News) - Petra Diamonds' share price slumped on Friday after the South Africa-focused miner said it had kickstarted an immediate cost review to "preserve liquidity" as pricing in the market continues to be weak.
Read morePetra Diamonds launches fully-underwritten rights issue to raise £18.8m
17th Oct 2025 12:34
(Sharecast News) - Petra Diamonds said on Friday that it has launched a 10-for-17 fully-underwritten rights issue to raise around £18.8m.
Read morePetra Diamonds sees strong shareholder support for refinancing plan
29th Aug 2025 14:00
(Sharecast News) - Petra Diamonds has announced that its recently announced fundraising plan has received strong support from shareholders, though shares fell sharply after a strong surge earlier this month.
Read morePetra Diamonds year-to-date sales and volumes down
9th Jun 2025 10:07
(Sharecast News) - Petra Diamonds reported sales of $53m from its combined fifth and sixth tenders of the 2025 financial year on Monday, following its earlier decision to postpone Cullinan Mine goods in April.
Read moreDirector dealings: Petra Diamonds chairman raises stake
27th Feb 2025 15:30
(Sharecast News) - Petra Diamonds revealed on Thursday that non-executive chairman José Manuel Vargas had acquired 343,139 ordinary shares in the London-listed miner.
Read morePetra Diamonds losses widen in H1, CEO resigns
17th Feb 2025 09:03
(Sharecast News) - Mining group Petra Diamonds revealed on Monday that losses had widened in the six months ended 31 December and that chief executive Richard Duffy had resigned, with immediate effect.
Read morePetra to sell Tanzania mine in $16m deal
22nd Jan 2025 08:39
(Sharecast News) - Shares in Petra Diamonds sparkled on Wednesday after the AIM-listed miner agreed to offload its Tanzanian mine in a deal worth up to $16m
Read morePetra lowers pricing forecasts after mixed third diamond tender
20th Dec 2024 10:00
(Sharecast News) - Petra Diamonds reported the final results for its third tender of the 2025 financial year on Friday, revealing a mixed performance as volumes increased but sales and prices declined.
Read morePetra gets approval to sell Koffiefontein mine holding company
7th Oct 2024 10:10
(Sharecast News) - Petra Diamonds has secured unconditional consent under South Africa's Mineral and Petroleum Resources Development Act for the sale of its entire issued share capital of Blue Diamond Mines to Koffiefontein Holdings, an affiliate of the Stargems Group, it announced on Monday.
Read morePetra Diamonds postpones first tender of new financial year
6th Aug 2024 12:56
(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
Read morePetra Diamonds postpones first tender of new financial year
6th Aug 2024 12:56
(Sharecast News) - Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
Read morePetra predicts "modest" diamond market recovery next year
16th Jul 2024 09:55
(Sharecast News) - South Africa-focused diamond miner Petra Diamonds saw shares rise on Tuesday after it reported that carats sold increased by more than a third in the year to 30 June, as it predicted a "modest recovery" in the diamond market in 2025.
Read morePetra targets lower operating costs, appoints new CFO
27th Jun 2024 14:33
(Sharecast News) - Petra Diamonds updated the market on its strategic developments on Thursday, as well as the appointment of a new chief financial officer in Johan Snyman, effective 1 October.
Read morePetra Diamonds reports mixed results from latest tender
17th May 2024 13:43
(Sharecast News) - Petra Diamonds announced the results of its sixth tender for the 2024 financial year on Friday, revealing a mixed performance in its rough diamond sales.
Read morePetra Diamonds trims production guidance after earnings slide
20th Feb 2024 10:04
(Sharecast News) - Shares in Petra Diamonds were sliding on Tuesday morning, after the company reported a decline in first-half revenue and earnings and lowered its production outlook for the full year.
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