Petra Diamonds Production, Prices Rise
Mining Weekly reported Petra Diamonds'(LSE:PDL) more than doubled quarterly production at its Finsch mine in South Africa as the price of rough diamonds also rose.
Mining Weekly reported Petra Diamonds'(LSE:PDL) more than doubled quarterly production at its Finsch mine in South Africa as the price of rough diamonds also rose.
Mining Weekly reported Petra Diamonds (LSE:PDL) posted a net loss of $26.7-million for the first half of its 2012 financial year.
Mining Weekly reported Petra Diamonds' (LSE:PDL) production is up 64% and the company is on track for two-million carat output in 2012.
FM reported a profile on Adonis Pouroulis, the chairman of Petra Diamonds (LSE:PDL).
Mining Weekly reported Petra Diamonds (LON:PDL,PINK:PDMDF) has acquired the Finsch diamond mine in South Africa from De Beers.
Reuters.com reports that Petra Diamonds (PINK:PDMDF) says that sales will by buoyed by a purchase of a South African mine from De Beers
Bloomberg.com reports that shares in Petra Diamonds (PINK:PDMDF) jumped after news that they will purchase a mine from de Beers.
Reuters.com reports that Petra Diamonds (LON:PDL) expects to meet production targets, despite declines.
Israeli Diamond Portal.com reports that Petra Diamonds (PINK:PDMDF) is forecasting continued strength in diamond prices through 2011
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.
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