Petra Diamonds Production Up 64%

Gem Investing

Mining Weekly reported Petra Diamonds’ (LSE:PDL) production is up 64% and the company is on track for two-million carat output in 2012.

Mining Weekly reported Petra Diamonds’ (LSE:PDL) production is up 64% and the company is on track for two-million carat output in 2012.

As quoted in the market news:

In its six-month trading update, the miner said the increased production was mainly attributable to the acquisition of the Finsch mine in the Northern Cape, which it bought for R1.43-billion from De Beers on September 14.

Click here to read the full Mining Weekly report.

The Conversation (0)
×