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Petra Diamonds posts strong operating performance, but debts remain high

Petra Diamonds produced 2.07 million carats in the second half of 2019, up 3% from the first half – but the company did not make any progress towards reducing its debts.

Petra Diamonds posts strong operating performance, but debts remain high Petra Diamonds posts strong operating performance, but debts remain high Petra Diamonds posts strong operating performance, but debts remain high Petra Diamonds posts strong operating performance, but debts remain high Petra Diamonds posts strong operating performance, but debts remain high

Petra Diamonds wasn't able to reduce its debts, but production remained strong

Petra's revenue in H2 was down 6% from the first half of the year to $193.9 million, mainly due to lower diamond prices.