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Kimberley
Kimberley Rough Goes on Sale in Antwerp
Production from the Kimberley mining operations in SouthAfrica will come to Antwerp for tender following Petra Diamonds’ sale of theasset. Until now, Petra only offered the goods for sale in SouthAfrica. The company offloaded...
Rough Markets Aug 29, 2018 Rapaport News
GIA Pink Diamond
Petra Sells Kimberley Mine for $22M
Petra Diamonds will offload its majority stake in theKimberley mine, claiming the deal will ensure a sustainable future for theproject and help the company focus on its core assets. Ekapa Mining has agreed...
Mining Jul 05, 2018 Rapaport News
Petra Diamonds CEO Johan Dippenaar holding 122.52
Petra Diamonds Posts Heavy Loss
Petra Diamonds slumped to a significant loss in the first fiscalhalf as the South African rand strengthened against the dollar, reducing the value of two mines the company operates in the country. The net loss came...
Mining Feb 19, 2018 Rapaport News
Cullinan Mine Workers 150
Diamond Seizure Dents Petra’s Sales
Petra Diamonds’ sales fell in the first fiscal half afterthe Tanzanian government confiscated a parcel of rough stones from itsWilliamson mine. Authorities seized 71,654 carats destined for Antwerp inSeptember, claiming that Petra had...
Mining Jan 29, 2018 Rapaport News
Petra Kimberley Ekapa Mining
Petra Hit by Strikes at Two Mines
Workers are striking at two Petra Diamonds projects inSouth Africa, adding to the company’s woes amid uncertainty over the future of anothermine in Tanzania.Industrial action has been disrupting operations at the Finsch and Kimberley mines...
Mining Sep 19, 2017 Rapaport News
Cullinan Dream
Petra Cautious After Labor Unrest
Petra Diamonds’ share price fell on Monday as industrialaction at its Cullinan mine forced the company to offer a cautious outlook onproduction.Labor stoppages delayed the expansion program known as theC-Cut extension at the South Africa mine, the...
Mining Feb 20, 2017 Rapaport News
Kimberley Mine Petra Ekapa
Petra, Ekapa Combine Kimberley Operations
Petra Diamonds and Ekapa Mining agreed to merge theiroperations in South Africa's Kimberley region in a bid to extend mining in thehistoric diamond-mining area.As part of the deal Petra’s Kimberley Underground mines,Ekapa’s tailings operations, the Kimberley Miners...
Mining Jul 10, 2016 Rapaport News
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