THE continuing grim conditions in the global diamond business have claimed another South African victim in the form of Petra ...
Petra Diamonds (LON: PDL) is placing its Finsch mine into business rescue and cutting jobs across its South African operations as collapsing diamond prices and a strong rand threaten the miner’s ...
To address the challenging market conditions, the company is taking several cash preservation measures.
Petra Diamonds has appointed a business rescue practitioner to its Finsch mine in South Africa which has been hit by stiff ...
Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South ...
The crisis engulfing the global diamond industry has claimed another major casualty. Petra Diamonds, one of Africa’s largest ...
BENGALURU/LONDON (Reuters) - Petra Diamonds (PDL.L) has resumed operations at its Williamson mine in Tanzania after a four-day stoppage, it said on Monday, adding that its full-year production target ...