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Finsch Mine News
London-listed Petra Diamonds has, following consultation with certain key stakeholders, including its first and second lien creditors, decided to undertake a strategic review, which will include...
London-listed Petra Diamonds has reported that its revenue for the fourth quarter of the 2026 financial year amounted to $38-million, marking a sharp decline from the $68-million in the third...
Diamond miner De Beers Group has, consistent with recent actions to improve business resilience, decided to pause production at its Venetia mine, in South Africa, for two years to reduce costs...
Trade union the National Union of Mineworkers (NUM) has condemned the decision by London-listed Petra Diamonds to place the Finch diamond mine in Kimberley under business rescue and to issue a...
Business rescue practitioners (BRPs) Daniel Theodorus van Jaarsveld and Luke Bernard Saffy have taken over the custodianship of London-listed Petra Diamonds' Finsch mine, in South Africa, and will...
Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overall business. CEO...
London-listed Petra Diamonds sold 781 797 ct of diamonds during the quarter ended March 31 – the third quarter of its 2026 financial year. Revenue for the quarter was $68-million, compared with...
London-listed Petra Diamonds has announced a series of board appointments following its AGM on November 27, including that of Vivek Gadodia and Juan Kemp as permanent joint CEOs of the company....
London-listed Petra Diamonds, which owns and operates the Cullinan and Finsch mines, in South Africa, produced 609 336 ct of diamonds in the quarter ended September 30 – the first quarter of its...
My first exposure to underground mining was in the early 1990’s at Thabazimbi iron-ore sublevel cave section. It was hard not to be fascinated by the three-dimensional labyrinth of tunnels filled...
London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal...
London-listed Petra Diamonds sold 613 682 ct of diamonds for $53-million during its combined Tender 5 and 6 sales cycle, taking year-to-date revenues to $239-million from the sale of 2.39-million...
London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also...
London-listed miner Petra Diamonds says the third quarter of its 2025 financial year marked another period of steady operational delivery across the group, with it continuing to execute on its...
London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also...
London-listed Petra Diamonds has postponed its tender five sales of about 200 000 ct of diamonds recovered at the Cullinan mine, in South Africa, until there is greater clarity on the impact of...
Independent mining group Petra Diamonds, which owns and operates diamonds mines in South Africa, has appointed two interim CEOs Vivek Gadodia and Juan Kemp to succeed Richard Duffy, who has...
An agreement has been entered into for the outright sale of Williamson Diamonds Limited, Petra Diamonds announced on Wednesday. The London-listed and South Africa-active Petra is taking steps to...
An agreement has been entered into for the outright sale of Williamson Diamonds Limited, Petra Diamonds announced on Wednesday. The London-listed and South Africa-active Petra is taking steps to...
Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group...
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