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    Petra Diamonds Production, Prices Rise

    Investing News Network
    May. 09, 2012 04:05PM PST
    Gem Investing

    Mining Weekly reported Petra Diamonds'(LSE:PDL) more than doubled quarterly production at its Finsch mine in South Africa as the price of rough diamonds also rose.

    Mining Weekly reported Petra Diamonds'(LSE:PDL) more than doubled quarterly production at its Finsch mine in South Africa as the price of rough diamonds also rose.

    As quoted in the market news:

    Petra Diamonds, which operates mainly in South Africa, said demand from the US and Asian markets remained steady even as prices climbed up after the rough diamond market stabilised in December.

    Click here to read the full Mining Weekly report.

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