The mining company reported a 34% increase in revenue from its latest diamond tender, but average prices remain under pressure due to product mix challenges at one of its key mines.
The mining company has secured a new contract, but details on the revenue opportunity and financial impact are limited.
The mining company has completed the sale of its entire interest in Williamson Diamonds Limited to Pink Diamonds Investments Limited for up to $16 million.
The mining company postpones a key diamond sale at its Cullinan Mine due to market uncertainty, raising concerns about the sector's outlook.
The mining company has reported a change in major shareholding, with Mecamur S.L. now holding a 5.12% stake.
The mining company announced a director has purchased a small number of shares, representing a routine regulatory disclosure.
The diamond miner faced a tough first half, with revenue down 30% amid persistent market weakness. Despite improved cash flow from operations, financial metrics deteriorated, leading to covenant breaches.
The diamond miner reported a 30% revenue decline in its interim results, despite successful cost reduction measures. Operational improvements were overshadowed by increased debt and covenant breaches, reflecting ongoing challenges in the diamond market.
The mining company has announced the departure of its CEO and the appointment of two interim co-CEOs to lead the business.
Mining company Petra Diamonds sells its Tanzanian diamond mining operations to Pink Diamonds, a local affiliate.