Petra Diamonds to sell half its stake in Williamson mine
Tanzanian technical services contractor Caspian is paying $15 million for a 31.5% stake in the mine.
Petra Diamonds
Petra Diamonds mulls selling Tanzania’s Williamson mine
South Africa’s Petra Diamonds (LSE: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half…
Petra fetches over US$40 million for 39-carat blue diamond
At $1,021,357 per carat, is the highest price has achieved for a single stone.
Petra sells 299 carat diamond for $12.18 million
Petra Diamonds (LSE: PDL) has sold a 299.3 carat diamond recovered in January at its iconic Cullinan mine, in South Africa, to Belgium-based Stargems DMCC for US$12.18 million. The exceptional Type 11a…
Petra Diamonds posts 36% fall in revenue
Petra Diamonds (LSE: PDL) has reported a 36% fall in revenue and a net loss of £168.7 million (US$223 million) for the year ended June 30, as the pandemic deepened…
Petra Diamonds shares fall on cancelled company sale
Shares in Petra Diamonds (LSE: PDL) nosedived after it said it had abandoned plans to sell the company or parts of its business, opting instead for a debt-for-equity restructuring. The…