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Petra cautious on diamond prices

South Africa-focused Petra Diamond has declared a maiden dividend of US3c/share, despite a challenging year to June 30.

Petra cautious on diamond prices Petra cautious on diamond prices Petra cautious on diamond prices Petra cautious on diamond prices Petra cautious on diamond prices

Finsch mine, SA ... less dilution ahead

The company said results were hit by underground production being reliant on mature, "diluted" mining areas, as well as the weaker diamond market, partially offset by the softer rand.

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