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Petra
Challenging Market Weighs on Petra
Shares in Petra Diamonds slipped 16% in early trading Monday after the miner reported a net loss for the first fiscal half, and warned of operational problems that could affect annual production.The company reported...
Mining Feb 17, 2020 Rapaport News
Petra
Petra’s Loss Widens in Weak Market
Shares in Petra Diamonds slipped 7% in early trading Mondayafter the miner reported its loss had broadened due to a devaluation of itsfour deposits. The company reported a net loss of $258.1 million for theperiod ending June 30,...
Mining Sep 16, 2019 Rapaport News
Petra Cullinan mine 072219 150
Petra to Reduce Production as Prices Slip
Shares in Petra Diamonds slipped 6% in early trading Monday after the minerreported it would lower its production for fiscal 2020. The company expects to produce about 3.8 million carats inthe financial year ending June...
Mining Jul 22, 2019 Rapaport News
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