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Petra improves financial position

Petra improves financial position

Higher production boosts revenue, weaker rough diamond prices impact EBITDA

Profit & Loss

18 FEBRUARY 2019
Petra picks new CEO

Petra picks new CEO

Diamond miner hires former Anglo CFO from renewables firm

Leadership

18 FEBRUARY 2019
Petra down on Cullinan prices

Petra down on Cullinan prices

Diamond miner's first half revenue hit by US$25 million as Cullinan per carat value plummets

Profit & Loss

28 JANUARY 2019
Petra concludes KEM JV sale

Petra concludes KEM JV sale

Ekapa payment structure for the acquisition changed

M&A

05 DECEMBER 2018
Petra output up on higher ROM production

Petra output up on higher ROM production

Ramp up at company's expansion programmes help boost output

Precious stones

22 OCTOBER 2018
Dippenaar and profit leave Petra

Dippenaar and profit leave Petra

Impairments see US$203M loss for Petra in the 12 months to June 30

Profit & Loss

17 SEPTEMBER 2018
Petra drops guidance after tricky FY18

Petra drops guidance after tricky FY18

Cost and debt will have to be focus for next two years, miner says

Profit & Loss

23 JULY 2018
Petra Diamonds aims for US$178m rights issue

Petra Diamonds aims for US$178m rights issue

Proceeds would help balance sheet, financial flexibility

Precious stones

24 MAY 2018
Record March quarter for Petra

Record March quarter for Petra

Full-year production on track

Precious stones

23 APRIL 2018
Petra ditches small diamonds

Petra ditches small diamonds

Diamond miner outlines Cullinan large diamonds plan amongst South African and Tanzanian troubles

Profit & Loss

29 JANUARY 2018
Petra makes headway with Tanzania

Petra makes headway with Tanzania

No agreement on 70,000ct of seized diamonds, however

Politics

28 SEPTEMBER 2017
Petra hit by second-half drama

Petra hit by second-half drama

Tanzania and South African operations take their toll

Africa

18 SEPTEMBER 2017