Petra Diamonds http://www.globalpost.com/taxonomy/term/28376/all en Petra Diamonds cuts full-year production forecast http://www.globalpost.com/dispatch/news/thomson-reuters/130129/petra-diamonds-cuts-full-year-production-forecast <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>Jan 29 (Reuters) - South Africa-focused miner Petra Diamonds lowered its full-year production target by about 7 percent, citing volatility of recovered grades, particularly at its Finsch and Cullinan mines.</p> <p>Petra said it to expects to produce about 2.65 million carats for the year ending June 30, down from its previous forecast of 2.85 million carats.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130129/petra-diamonds-cuts-full-year-production-forecast" target="_blank">read more</a></p> Chemistry Diamond Entertainment Petra Diamonds Thomson Reuters Tue, 29 Jan 2013 09:15:23 +0000 5740897 at http://www.globalpost.com Petra first-half core earnings rise on Finsch mine output http://www.globalpost.com/dispatch/news/thomson-reuters/130225/petra-first-half-core-earnings-rise-finsch-mine-output <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>Feb 25 (Reuters) - South African Miner Petra Diamonds Ltd reported 20 percent higher core earnings for the first half, helped by production at its recently purchased Finsch mine.</p> <p>Adjusted earnings before interest, taxes, depreciation and amortisation rose to $32.6 million for the six months to Dec. 31 from $27.1 million a year earlier.</p> <p>Petra, which has seven operating mines in South Africa and one in Tanzania, said revenue grew 63 percent to $151.7 million.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130225/petra-first-half-core-earnings-rise-finsch-mine-output" target="_blank">read more</a></p> Chemistry Petra Diamonds Thomson Reuters Mon, 25 Feb 2013 08:30:31 +0000 5765728 at http://www.globalpost.com 'Exceptional' 29.6 carat blue diamond found in South African mine http://www.globalpost.com/dispatch/news/thomson-reuters/140121/exceptional-296-carat-blue-diamond-found-south-african-mine <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - A 29.6 carat blue diamond, one of the rarest and most coveted in the world with a possible price tag of tens of millions of dollars, has been discovered at a South African mine by Petra Diamonds.</p> <p>The miner said the "exceptional" acorn-sized diamond, small enough to fit into the palm of a hand, was unearthed at the Cullinan mine near Pretoria.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140121/exceptional-296-carat-blue-diamond-found-south-african-mine" target="_blank">read more</a></p> Chemistry Diamond Petra Diamonds Thomson Reuters Tue, 21 Jan 2014 14:16:40 +0000 6048839 at http://www.globalpost.com 'Exceptional' 122.52-carat blue diamond found in S.Africa http://www.globalpost.com/dispatch/news/afp/140613/exceptional-12252-carat-blue-diamond-found-safrica <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>A 122.52-carat blue diamond has been discovered in the South African mine where the world's largest gem was unearthed more than a centry ago. </p> <p>Petra Diamonds Cullinan said the "exceptional" jewel was found in the Cullinan mine east of Pretoria, which has supplied stones for Britain's crown jewels. </p> <p>"The rarity of a blue diamond of this magnitude sets it apart as a truly significant find," the company said in statement, adding that the gem has not yet been valued. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2014.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/140613/exceptional-12252-carat-blue-diamond-found-safrica" target="_blank">read more</a></p> Chemistry Diamond Petra Diamonds AFP Fri, 13 Jun 2014 17:24:28 +0000 6175846 at http://www.globalpost.com Rare blue diamond could fetch more than $35 million http://www.globalpost.com/dispatch/news/thomson-reuters/140613/rare-blue-diamond-could-fetch-more-35-million <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Karen Rebelo</p> <p>LONDON (Reuters) - A rare 122.52-carat blue diamond found in South Africa could fetch more than $35 million for a London-listed mining company.</p> <p>Only three or four blue diamonds over 100 carats have ever been recovered, according to Cathy Mallins, corporate communications manager at Petra Diamonds Ltd.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2014.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/140613/rare-blue-diamond-could-fetch-more-35-million" target="_blank">read more</a></p> Chemistry Diamond Human Interest Petra Diamonds Thomson Reuters Fri, 13 Jun 2014 17:53:31 +0000 6175897 at http://www.globalpost.com