Diamond News
Petra Diamonds sees production surge by almost a quarter Higher investment sees the diamond miner ramp...
World Diamond NewsPetra Diamonds sees production surge by almost a quarter
Higher investment sees the diamond miner ramp-up production at its mines in South Africa and Tanzania.
Miner Petra Diamonds said it ramped-up production and boosted revenues in the final six months of last year.
The FTSE 250 business said production jumped by 24% to 2.01m carats in the half year to the end of December compared to a year ago. It added sales rocketed by 48% to $228.5m (£184m, €213m) in the period.
The group, which runs diamond mines in South Africa and Tanzania, said it was on track to hit its full-year production target of 4.4m-4.6m carats.
http://bit.ly/2jMmDYn
#diamonds #luxury #southafrica #tanzania #africa
Higher investment sees the diamond miner ramp-up production at its mines in South Africa and Tanzania.
Miner Petra Diamonds said it ramped-up production and boosted revenues in the final six months of last year.
The FTSE 250 business said production jumped by 24% to 2.01m carats in the half year to the end of December compared to a year ago. It added sales rocketed by 48% to $228.5m (£184m, €213m) in the period.
The group, which runs diamond mines in South Africa and Tanzania, said it was on track to hit its full-year production target of 4.4m-4.6m carats.
http://bit.ly/2jMmDYn
#diamonds #luxury #southafrica #tanzania #africa
