Investment Bank Updates Rating for Petra Diamonds Ltd. PT
By Helen Reid, Tanisha Heiberg and Rajendra Jadhav JOHANNESBURG/MUMBAI - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada...
(Reuters) - Petra Diamonds Ltd (L:PDL) said on Monday it expects production for the full year 2020 to be below current year's output of 3.9 million carats, and forecast lower...
In 2011, the European debt crisis spread to Italy, which caused the interest rate on 10-year government bonds to rise to a record high around 7%. Former Prime Minister Silvio...
Market Drivers, March 27, 2013Euro sets fresh YTD lows but sees little follow through so farUK GDP -0.3% vs. -0.3%Europe -0.29% Nikkei 0.18%Oil $96/bblGold $1595/oz.Europe and Asia...
Today was one of those days that caught a lot of people off guard. Halfway through today’s trading session stocks we largely unchanged, then some pockets selling began when...
Petra Diamonds Limited is an independent diamond mining company and a supplier of rough diamonds to the international market from its portfolio of mines in South Africa and Tanzania. The Company's segments include Mining and Exploration. The Mining segment is engaged in the extraction and sale of rough diamonds from mining operations in South Africa and Tanzania. The Exploration segment focuses on exploration activities. Its portfolio incorporates underground pipe mines and an open cast mine. Its mines include Cullinan, Finsch, Koffiefontein and Williamson. The Cullinan mines provide diamonds mines in British crown jewels. The Finsch mines provide benefits to infrastructure, including modern processing plant. The Koffiefontein mine produces white stones. The Williamson mine is a diamond producer.