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All Africa (Free subscription) | 07/10/2008
As was anticipated, the deal between the government of Tanzania and a diamond mining giant De Beers to enter into a contract of selling its shares in Williamson Diamonds Ltd (WDL) to the UK Petra Diamonds Ltd (Petra) has hit a hitch.
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All Africa (Free subscription) | 25/09/2008
DIAMOND miner and explorer Petra Diamonds turned last year's operating loss into a profit as it earned a full year of revenue from the Koffiefontein mine acquired from the De Beers group and experienced a period of strong diamond prices.
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Financial Time (Free subscription) | 23/09/2008
Petra Diamonds has swung to profitability and projected exponential production growth, posting pre-tax profits of $9.3m in the year to June 30,
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Mail & Guardian (Free subscription) | 23/09/2008
London-listed Petra Diamonds swung to an annual profit after it bought South African mines from De Beers, and forecast a fivefold jump in output.
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All Africa (Free subscription) | 22/09/2008
TWO weeks ago the government of Tanzania entered a deal wherediamond mining giant De Beers would enter into contract of selling its shares in Williamson Diamonds Ltd (WDL) to a new investor Petra Diamonds Limited (Petra).
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All Africa (Free subscription) | 15/09/2008
All is not well following a decision made by the government of Tanzania to sanction a diamond mining giant De Beers to enter into a contract of selling its shares in Williamson Diamonds Ltd (WDL) to Petra Diamonds Limited (Petra).
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All Africa (Free subscription) | 12/09/2008
Diamond miner Petra Diamonds has agreed to buy 75 percent of Tanzania's Williamson Mine for US$10 million from the De Beers Group and has budgeted US$28 million to expand the operation in the next two years.
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All Africa (Free subscription) | 10/09/2008
DIAMOND miner Petra Diamonds has agreed to buy 75% of Tanzania's Williamson mine for $10m from De Beers Group and budgeted $28m to expand the operation in the next two years.
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People Daily (Free subscription) | 10/09/2008
The Petra Diamonds Limited has reached a deal with De Beers to get the ownership of a diamond mine in northwestern Tanzania. Local English broadsheet The Guardian on Wednesday quoted a statement from the company as saying the deal would be completed mid-next month at a price of 10 million U.S. dollars. The diamond mine is located at Mwadui and is a joint venture between the Williamson Diamonds Limited...
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Mail & Guardian (Free subscription) | 09/09/2008
Petra Diamonds on Tuesday said it has agreed to acquire the entire issued share capital of Willcroft from Cheviot Holdings, a subsidiary of De Beers.
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Business Report (Free subscription) | 28/07/2008
AIM-listed diamond producer Petra Diamonds has reported a 395 percent surge in mining revenue.
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Market Wire - Manufacturing and Production (Free subscription) | 23/06/2008
MONTREAL, QUEBEC (MARKET WIRE) SearchGold Resources Inc. (TSX VENTURE: RSG)(FRANKFURT: S1O), is pleased to announce a progress update on the Kono kimberlite diamond project in Sierra Leone. The Kono project is a Joint Venture between Stellar Diamonds Ltd ("Stellar") (49%) and Petra Diamonds Limited ("Petra") (51%). SearchGold holds 2,672,629 shares of Stellar which equals to an 8.7% interest in the...
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Seeking Alpha (Free subscription) | 12/03/2008
FP Trading Desk submits: London-listed Petra Diamonds Ltd.[PDL.L], which operates in Africa, has seen its shares fall roughly 23% so far in 2008. Complete Story ยป