Petra Revenues Shine
IBTimes reported Petra Diamonds (LON:PDL) reported revenue of $220.6m in the year to end-June, with mining profit at $76.4m.
Continue reading "Petra Revenues Shine"
IBTimes reported Petra Diamonds (LON:PDL) reported revenue of $220.6m in the year to end-June, with mining profit at $76.4m.
Continue reading "Petra Revenues Shine"
Wednesday, September 14, 2011
Mining Weekly reported Petra Diamonds (LON:PDL,PINK:PDMDF) has acquired the Finsch diamond mine in South Africa from De Beers.
Continue reading "Petra Assumes Management of Finsch Diamond Mine"
Tuesday, August 16, 2011
Bloomberg reports Petra Diamonds Ltd. (LON:PDL) will buy a diamond mine from De Beers for $210 million.
Wednesday, May 11, 2011
Diamond consumption and prices have been on the rise this year. Demand in India and China are expected to keep that momentum going throughout the remainder of 2011.
Continue reading "India and China Boosting 2011 Diamond Market"
Wednesday, March 2, 2011
The diamond market is raging back to life on the back of robust demand from China and India. In the west, diamond sales are rebounding since the economic collapse. Investing in the diamond market may seem challenging as many of the most power mining firms are privately owned. However, there are ways to enter into this lucrative market.
Continue reading "Diamond Investing Strategies"
Wednesday, February 2, 2011
Helped by increased demand in 2010 for luxury goods after a abysmal year in 2009. The increased revenues from rising diamond prices and demand, many companies are increasing production. Alrosa mulls over an IPO by the end of 2011 worth upwards of $2 billion.
Continue reading "Diamond Miners Ramp Up Production"
Wednesday, January 12, 2011
Reuters.com reports that Petra Diamonds (LON:PDL) expects to meet production targets, despite declines.
Continue reading "Petra Diamonds H1 output falls 5.3 pct"
Wednesday, December 22, 2010
Investors Chronicle.com reports that there is an expectation that diamond prices will continue to be strong, and that there is great promise for a number of companies, including Petra Diamonds (LON:PDL), in 2011.
Continue reading "Diamonds Sparkle"
Monday, May 31, 2010
Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
Continue reading "Signs Diamond Market is Headed Towards Recovery"
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Monday, September 19, 2011