Petra sells two diamonds for initial $13.5m
25th Aug 2021 10:52
(Sharecast News) - Petra Diamonds said on Wednesday that it has sold two diamonds recovered from the Cullinan mine in South Africa into a partnership with Johannesburg-based diamond cutter and polisher Stargems, for an initial $13.5m.
Read morePetra Diamonds annual revenues surge, raises FY22 guidance
21st Jul 2021 10:20
(Sharecast News) - Mining outfit Petra Diamonds reported a 38% increase in full-year revenues and forecast for higher production in 2022 on Wednesday.
Read moreFriday broker round-up
12th Mar 2021 13:25
(Sharecast News) - Petra Diamonds: Berenberg upgrades to buy with a target price of 2p.
Read morePetra Diamonds sells collection of 5 blue diamonds for $40.4m
25th Nov 2020 09:48
(Sharecast News) - Petra Diamonds said on Wednesday that it has sold the Letlapa Tala Collection of five blue diamonds for $40.36m.
Read moreCovid-19 takes shine off Petra as earnings tumble
17th Nov 2020 12:41
(Sharecast News) - Petra Diamonds reported a slide in full-year earnings on Monday, after the Covid-19 pandemic restricted production and weakened demand.
Read moreCreditors to take control after Petra secures restructuring deal
20th Oct 2020 11:00
(Sharecast News) - Shares in Petra Diamonds lost their sparkle on Tuesday after the mining company abandoned plans to sell the business in favour of a debt-for-equity swap.
Read morePetra recovers 5 blue diamonds; warns over possible equity dilution
16th Sep 2020 11:59
(Sharecast News) - Petra Diamonds said on Wednesday that it has recovered five blue diamonds at its Cullinan mine in South Africa, as it warned that measures to improve its capital structure could result in significant equity dilution.
Read morePetra Diamonds hit by accusations of human rights breaches
9th Sep 2020 09:32
(Sharecast News) - Petra Diamonds said on Wednesday that UK-based law firm Leigh Day has filed claims against it alleging human rights breaches at its 75%-owned Williamson mine in Tanzania.
Read moreCovid crisis hits production and revenue at Petra Diamonds
23rd Jul 2020 11:56
(Sharecast News) - Petra Diamonds updated the market on the year ended 30 June on Thursday, reporting a 7% fall in production to 3.59 million carats.
Read morePetra Diamonds sells Botswana assets, keeps ongoing royalty
20th Jul 2020 08:59
(Sharecast News) - Petra Diamonds has agreed to dispose of its exploration assets in Botswana, it announced on Monday, via the sale of all of its holding in Sekaka Diamonds Exploration, previously known as Petra Diamonds Botswana, to Botswana Diamonds.
Read moreMonday broker round-up
29th Jun 2020 13:45
(Sharecast News) - Balfour Beatty: Jefferies downgrades to hold with a target price of 260.0p.
Read moreMonday broker round-up
1st Jun 2020 13:47
(Sharecast News) - Johnson Matthey: Liberum downgrades to hold with a target price of 2,100p.
Read moreTuesday broker round up
18th Feb 2020 13:26
(Sharecast News) - Severn Trent: JP Morgan upgrades to neutral with a target price of 2,550p.
Read morePetra shares slide amid difficult diamond market
17th Feb 2020 10:38
(Sharecast News) - Petra Diamonds reported a 6% fall in revenue in its half-year results on Monday, to $193.9m (£148.78m), which it put down to a decline in rough diamond prices.
Read moreTuesday broker round up
11th Feb 2020 12:24
(Sharecast News) - Rio Tinto: RBC Capital Markets downgrades to underperform with a target price of 3,300p.
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