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Petra trims guidance after weak quarter

Petra Diamonds expects full-year production at the lower end of guidance, after a disappointing quarter.

Petra trims guidance after weak quarter Petra trims guidance after weak quarter Petra trims guidance after weak quarter Petra trims guidance after weak quarter Petra trims guidance after weak quarter

Production in the September quarter was 763kcts, down by 13% year on year. The company now expects production to come in at the lower end of its 3.3m-3.6m carat guidance for the year to June 2023.