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Petra Diamonds Ltd (PDL.L)

PDL.L on London Stock Exchange

21.88GBp
14 Jun 2019
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Wed, May 15 2019

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Petra sells 425-carat diamond recovered at Cullinan mine for $15 million

(This May 14 story corrects first paragraph to show sale of diamond was to Stargems Group and Choron (Belgium) BVBA, not only to Stargems.)

CORRECTED-UPDATE 1-Petra sells 425-carat diamond recovered at Cullinan mine for $15 mln (May 14)

May 14 Petra Diamonds said on Tuesday it sold a 425-carat diamond, recovered at its flagship Cullinan mine in South Africa in March, to Belgium-based Stargems Group and Choron (Belgium) BVBA for $15 million, potentially helping it turn free cash flow positive this year.

CORRECTED-Miner Petra Diamonds sells its 425-carat legacy diamond (May 14)

May 14 Petra Diamonds said on Tuesday it sold its 425-carat 'Legacy of the Cullinan Diamond Mine' diamond to Belgium-based Stargems Group and Choron (Belgium) BVBA for $15 million.

Petra Diamonds adds 209.9 carat gem to Cullinan treasure

Petra Diamonds said on Thursday it had recovered a 209.9 carat 'Type II' diamond at its flagship Cullinan mine, the third recovery of such a large gem since March.

Petra Diamonds adds 209.9 carat gem to Cullinan treasure

April 18 Petra Diamonds said on Thursday it had recovered a 209.9 carat 'Type II' diamond at its flagship Cullinan mine, the third recovery of such a large gem since March.

Petra Diamonds' new CEO to work on strategy, seeks stability first

LONDON African miner Petra Diamonds', which has high debt levels, aims to be cash flow positive in the second half of the year and will then be able to consider future developments, its new chief executive said on Monday.

Petra Diamonds' new CEO to work on strategy, seeks stability first

LONDON, April 15 African miner Petra Diamonds' , which has high debt levels, aims to be cash flow positive in the second half of the year and will then be able to consider future developments, its new chief executive said on Monday.

Petra Diamonds reports lower quarterly production

Miner Petra Diamonds Ltd on Monday reported a 6.9 percent fall in third-quarter production at 924,228 carats, reflecting lower output at its Finsch mine.

Petra Diamonds reports lower quarterly production

April 15 Miner Petra Diamonds Ltd on Monday reported a 6.9 percent fall in third-quarter production at 924,228 carats, reflecting lower output at its Finsch mine.

Petra Diamonds appoints new CEO, share price rises

African miner Petra Diamonds named a new chief executive on Monday as it works to cut debt and generate free cash flow after first-half core earnings were hit by lower diamond prices.

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