Petra Diamonds is cutting production targets and implementing cost-saving measures in response to a challenging diamond market. The company aims to navigate these tough times with strategic adjustments.
Petra Diamonds
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Petra Diamonds and NUM sign a five-year wage agreement covering South African operations, ensuring stability and fair wages for workers.
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Explore how Petra Diamonds is leading the way in diamond traceability with new technologies that ensure each diamond’s journey from mine to market is transparent and verifiable, boosting consumer trust and sustainability in the industry.
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Exploration & DevelopmentFuture of MiningNews
Petra’s Exceptional Blue Cullinan Diamond Boosts Tender Prices
Petra Diamonds has experienced a surge in tender prices, propelled by the remarkable discovery of the Blue Cullinan diamond, signaling renewed optimism…
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Petra Diamonds revamps its board structure for enhanced efficiency and cost reduction amid changing market conditions and shareholder feedback.
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India, the world’s largest diamond cutting and polishing center, has announced a two-month ban on importing rough diamonds starting from October 15.…