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United Kingdom

Petra Diamonds Ltd (PDL.L)

PDL.L on London Stock Exchange

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Wed, Jun 13 2018

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Petra Diamonds shareholders back rights issue

LONDON Shareholders in mining company Petra Diamonds on Wednesday approved a rights issue to raise about $170 million (127.4 million pounds) to help cut its debt burden, driving the share price around 5 percent higher.

Petra Diamonds shareholders back rights issue

LONDON, June 13 Shareholders in mining company Petra Diamonds on Wednesday approved a rights issue to raise about $170 million to help cut its debt burden, driving the share price around 5 percent higher.

Petra Diamonds says it urgently needs to raise $178 million to cut debt

LONDON Mining firm Petra Diamonds said it aims to raise $178 million (133.3 million pounds) to help cut its debt burden, and warned it could run low on working capital and breach its debt covenants if shareholders do not back the proposed rights issue.

UPDATE 1-Petra Diamonds says it urgently needs to raise $178 mln to cut debt

LONDON, May 24 Mining firm Petra Diamonds said it aims to raise $178 million to help cut its debt burden, and warned it could run low on working capital and breach its debt covenants if shareholders do not back the proposed rights issue.

Miner Petra Diamonds to raise $178 mln to cut debt, cope with strong rand

LONDON, May 24 Mining firm Petra Diamonds said on Thursday it would raise $178 million from investors to cut debt after it was hobbled by a strong South African rand, delays in production, strikes and a confiscated consignment of diamonds.

Petra Diamonds secures new debt agreements with lenders

LONDON Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.

Petra Diamonds secures new debt agreements with lenders

LONDON Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.

Petra Diamonds secures new debt agreements with lenders

LONDON, April 10 Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.

UPDATE 1-Petra Diamonds' first-half core earnings fall 8 pct

Feb 19 Petra Diamonds Ltd said core earnings fell 8 percent in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

Petra Diamonds' first-half core earnings fall 8 pct

Feb 19 Petra Diamonds Ltd said core earnings fell 8 percent in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

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