Currently viewing Global edition

Coronavirus sends Petra plummeting

The outbreak of coronavirus has further weakened an already fragile diamond market and heaped more pressure on embattled producer Petra Diamonds.

Coronavirus sends Petra plummeting Coronavirus sends Petra plummeting Coronavirus sends Petra plummeting Coronavirus sends Petra plummeting Coronavirus sends Petra plummeting

Petra Diamonds' Koffiefontein mine in South Africa, where it has launched an artisanal mining initiative

Shares in the Southern Africa-focused company were down 15% in early trading on Monday after it put out financial results for the first half of the financial year 2020.