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Petra Diamonds signs deal to sell Koffiefontein; targets cost savings | Finance News

Petra Diamonds signs deal to sell Koffiefontein; targets cost savings | Finance News
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City ofUnited kingdomSouth africaFree stateSouth africanRichard duffyTom budszusAlliance news ltdPetra diamonds ltd onAlliance newsDiamonds ltdExecutive officer richard duffyAll rights

Petra Diamonds signs deal to sell Koffiefontein; targets cost savings

Petra Diamonds Ltd on Monday announced steps to reduce cost and gave an update on the sale of its interest in the Koffiefontein diamond mine in South Africa. The diamond mining group with operations.

South africaFree stateCity ofUnited kingdomSouth africanTom budszusRichard duffyAlliance news ltdAlliance newsPetra diamonds ltd onDiamonds ltdExecutive officer richard duffyAll rights

Petra Diamonds shares down as revenue drops on lower diamond sales

Petra Diamonds Ltd on Tuesday said it swung to a loss in the first half of its financial year due to higher costs and saw its revenue decline due to a fall in diamond sales. Shares in Petra Diamonds.

Richard duffyPetra diamonds ltd onAlliance newsAlliance news ltdDiamonds ltdPetra diamondsExecutive officer richard duffySabrina pentyAll rights

Petra Diamonds revenue falls due to lower diamond prices; output up

Petra Diamonds Ltd on Tuesday reported a decline in revenue despite an uptick in production and sales, as the price of diamonds fell. The diamond mining group focused on southern Africa said revenue.

City ofUnited kingdomSouth africaRichard duffyTom budszusPetra diamonds ltd onAlliance news ltdAlliance newsDiamonds ltdChief executive officer richard duffyAll rights

Petra Diamonds revolving credit increase approved; diamond prices up

Petra Diamonds Ltd on Friday said the increase of its revolving credit facility has been approved, while also reporting a growth in diamond prices at its latest tender sale. The Southern.

South africaSouth africanRichard duffyAlliance newsPetra diamonds ltd onAbsa group ltdAbsa bankAlliance news ltdDiamonds ltdSouthern africa focusedExecutive officer richard duffySabrina pentyAll rights