News & Alerts - Petra Diamonds
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Petra Diamonds adjusts strategy amid 2024 market challenges
WEBSep 24, 2024 · Africa-focused Petra Diamonds (LON: PDL) posted on Tuesday $367 million revenue for its fiscal year 2024, slightly higher than the $325 million achieved last year, despite weak market...
Petra Diamonds to resume dividends as Russia sanctions help lift …
WEBSep 13, 2022 · Petra Diamonds has reinstated a dividend and launched a debt-cutting drive after strong prices helped by uncertainty over Russian supplies lifted the mining group’s full-year profits.
Petra Diamonds to pay dividends after three-year turnaround
WEBSep 13, 2022 · Petra Diamonds (LON: PDL) said on Tuesday it would resume paying a dividend and launch a $150 million debt-cutting plan after stronger prices fuelled by sanctions on Russia’s Alrosa, the...
Petra Diamonds annual revenue up 44% on U.S. demand for gems
WEBJul 19, 2022 · Petra Diamonds on Tuesday reported a 44% jump in full-year revenue to $585.2 million, driven by higher gem prices, an increase in exceptional stones and record jewellery demand in the United...
Petra Diamonds open to M&A deals, CEO says | Reuters
WEBFeb 6, 2023 · Diamond miner Petra Diamonds invited merger and acquisition proposals on Monday, with CEO Richard Duffy saying the industry would benefit from consolidation.
Petra Diamonds' Tanzania mine ops suspended for three months
WEBNov 10, 2022 · Petra Diamonds has suspended operations at its Williamson mine in Tanzania for up to three months after a wall of the tailings dam at the site was breached earlier this week, the company said...
Petra Diamonds Reports Stable Production & Cautious Outlook …
WEBJan 17, 2024 · Petra Diamonds reported a 2% surge in diamond production, reaching 1.43 million carats for the six months ending December 31, 2023. This growth was fueled by the reopening of its Williamson mine in Tanzania, previously suspended due to a government dispute, and increased contributions from the Finsch mine in South Africa.
Our Stories ♦ Petra Diamonds
WEBJun 14, 2024 · Stay updated with the latest news, media releases, and insights from Petra Diamonds.
Petra Diamonds annual revenue up 44% on U.S. demand for gems
WEBJul 19, 2022 · Sales of exceptional stones - which the company defines as rough diamonds worth at least $5 million - rose by 44% to $89.1 million, compared to the previous year.