Petra Diamonds Ltd (PDL)

Petra Diamonds News & Analysis

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  African Markets - Factors to watch on May 13

  The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday.- - - - -GLOBAL MARKETS Asian...

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  Petra Diamonds says it reaches settlement on rights abuse claims

  KAMPALA, May 12 (Reuters) - Petra Diamonds PDL.L has reached a settlement with claimants at its Williamson mine in Tanzania who accused the firm of being responsible for widespread human...

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  BRIEF-Petra Diamonds Says Settlement Has Been Reached In Relation To Claims At Williamson Mine

  May 12 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - SETTLEMENT HAS BEEN REACHED, ON A NO ADMISSION OF LIABILITY BASIS, IN RELATION TO CLAIMS IN RELATION TO WILLIAMSON MINE* PETRA...

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  PDL Community EPS in-line, beats on revenue

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  BRIEF-Petra Diamonds Q3 Revenue Up 16% To $106.0 Mln

  April 20 (Reuters) - Petra Diamonds Ltd PDL.L :* REG-PETRA DIAMONDS: TRADING UPDATE Q3 FY 2021* PETRA DIAMONDS - Q3 PRODUCTION DECREASED 24% TO 704,498 CARATS* PETRA DIAMONDS - Q3 REVENUE...

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  BRIEF-Petra Diamonds Says Williamson Mine Investigation Report To Be Published Around April End

  March 30 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - WILL DEFER PUBLICATION OF ITS FEEDBACK ON INDEPENDENT INVESTIGATION ON WILLIAMSON MINE* PETRA DIAMONDS - ANTICIPATES THAT...

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  BRIEF-Petra Diamonds Limited Acknowledges Report Published By Raid On 25 March 2021

  March 25 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - PETRA DIAMONDS LIMITED ACKNOWLEDGES REPORT PUBLISHED BY RAID ON 25 MARCH 2021

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  BRIEF-Franklin Templeton Investment Management Discloses 6.37% Stake In Petra Diamonds As Of March 10 - Filing

  March 15 (Reuters) - Petra Diamonds Ltd PDL.L :* FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED DISCLOSES 6.37% STAKE IN PETRA DIAMONDS AS OF MARCH 10 - FILING

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  BRIEF-Petra Diamonds Announces Completion Of Restructuring

  March 10 (Reuters) - Petra Diamonds Ltd PDL.L :* REG-PETRA DIAMONDS: COMPLETION OF THE RESTRUCTURING* PETRA DIAMONDS - VARIOUS PREVIOUS ARRANGEMENTS WITH SOUTH AFRICAN LENDER GROUP WERE...

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  BRIEF-Petra Diamonds Issues Update Regarding Restructuring

  March 9 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - ALL OF IMPLEMENTATION STEPS TO RECAPITALISATION OF GROUP HAVE OCCURRED OTHER THAN ADMISSION* PETRA DIAMONDS - ADMISSION IS...

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  PDL Community EPS misses by $0.07, beats on revenue

  PDL Community (NASDAQ:PDLB): Q4 GAAP EPS of $0.10 misses by $0.07.Revenue of $16.47M (+61.0% Y/Y) beats by $5.24M.Press Release

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  BRIEF-Petra Diamonds Announces Sale Of 299.3 Carat Diamond For $12.18 Mln

  March 5 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - 299.3 CARAT DIAMOND RECOVERED AT CULLINAN DIAMOND MINE IN JANUARY 2021 HAS BEEN SOLD TO STARGEMS DMCC FOR US$12.18 MILLION...

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  BRIEF-Petra Diamonds Says Implementation Of Restructuring Commenced

  Feb 24 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - IMPLEMENTATION OF RESTRUCTURING COMMENCED, EXPECTED RESTRUCTURING EFFECTIVE DATE WILL OCCUR ON 10 MARCH

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  UPDATE 2-FTSE 100 slips to snap three-day winning streak; miners support

  (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Glencore shines on restoring dividend* Serco rises on buyout offer for...

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  Petra Diamonds reports 1H results

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  BRIEF-Petra Diamonds HY Adj. EBITDA Up 20%, Guidance Remains Suspended

  Feb 16 (Reuters) - Petra Diamonds Ltd PDL.L :* REG-PETRA DIAMONDS: INTERIM RESULTS FOR THE SIX MONTHS TO 31 DEC 2020* CAPITAL RESTRUCTURING AND ASSOCIATED DEBT FOR EQUITY SWAP EXPECTED TO BE...

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  UPDATE 1-UK Stocks-Factors to watch on Feb. 16

  (Adds futures and news items)Feb 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points higher at 6,787 on Tuesday, according to financial bookmakers, with futures .FFIc1 up...

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  Petra Diamonds raises doubt on ability to continue as a going concern

  Feb 16 (Reuters) - Miner Petra Diamonds PDL.L raised doubts about its ability to continue as a going concern and warned that additional funding may be required if support from one of its...

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  UK Stocks-Factors to watch on Feb. 16

  Feb 16 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30 points higher at 6,787 on Tuesday, according to financial bookmakers.* BHP GROUP: BHP Group BHP.AX , BHPB.L reported its...

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  Petra Diamonds probing alleged human rights violations at Tanzanian mine

  Feb 9 (Reuters) - Petra Diamonds PDL.L said on Tuesday it has received new reports of incidents involving alleged human rights violations by security patrol teams at its Williamson Mine in...

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  BRIEF-Petra Diamonds Updates On Probe Into Allegations Of Abuses At Williamson Mine

  Feb 9 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - UPDATE ON STATUS OF ITS WORK IN RELATION TO ALLEGATIONS OF HUMAN RIGHTS ABUSES AT WILLIAMSON MINE* PETRA DIAMONDS - FORMED A...

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  BRIEF-Petra Diamonds H1 Revenue Down 8%

  Jan 19 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - H1 REVENUE DOWN 8% TO US$178.1 MILLION FROM 1,712,797 CARATS SOLD (H1 FY 2020: US$193.9 MILLION FROM 1,743,807 CARATS SOLD)*...

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  BRIEF-Petra Diamonds Says Scheme In Connection With Notes Sanctioned By High Court Of Justice Of England And Wales

  Jan 12 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - SCHEME IN CONNECTION WITH NOTES WAS SANCTIONED BY HIGH COURT OF JUSTICE OF ENGLAND AND WALES AT SCHEME SANCTION HEARING...

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  PDL Community Bancorp Inks $2.4M US Property Sales Contract

  PDL Community Bancorp on Dec. 31 disclosed that PFS Service, the service company of its subsidiary Ponce Bank, has entered into a sale and leaseback contract for the real property located in...

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  BRIEF-Petra Diamonds Says Letlapa Tala Collection Special Tender Achieves $40.36 Mln

  Nov 25 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - LETLAPA TALA COLLECTION SPECIAL TENDER ACHIEVES US$40.36 MILLION* PETRA DIAMONDS - COLLECTION OF 5 BLUE DIAMONDS, WEIGHING...

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  De Beers diamond sales rise as demand recovers from COVID-19 hit

  Nov 18 (Reuters) - Sales of rough diamonds at De Beers rose more than 12% in the latest sales cycle, its parent Anglo American AAL.L said on Wednesday, as demand improves on the back of...

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  BRIEF-Petra Diamonds Executes Lock-Up Agreement

  Nov 17 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - EXECUTED A LOCK-UP AGREEMENT WITH AN AD-HOC GROUP OF HOLDERS OF US$650 MILLION 7.25% SENIOR SECURED SECOND LIEN NOTES ISSUED...

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  UPDATE 1-Petra Diamonds reports annual net loss, revenue fall as pandemic bites

  (Adds quote, outlook, detail)JOHANNESBURG, Nov 17 (Reuters) - Petra Diamonds PDL.L on Tuesday reported a 36% fall in revenue and a net loss of $223 million as the pandemic hit production,...

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  BRIEF-Petra Diamonds Posts FY Revenue Down 36%

  Nov 17 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - FY REVENUE DOWN 36% TO US$295.8 MILLION (FY 2019: US$463.6 MILLION).* PETRA DIAMONDS - FY ADJUSTED EBITDA DOWN 58% TO US$64.8...

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  Petra Diamonds annual earnings sink 58% as pandemic bites

  JOHANNESBURG, Nov 17 (Reuters) - Petra Diamonds PDL.L reported a 58% drop in annual earnings and a 36% drop in revenue on Tuesday, recording a net loss of $223 million as it counted the...

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  UPDATE 1-Petra Diamonds investigates charges Tanzanian subsistence miners abused

  (Adds respone from Tanzanian official)JOHANNESBURG, Nov 12 (Reuters) - Petra Diamonds PDL.L said it was investigating allegations by a British non-governmental organisation that subsistence...

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  Subsistence miners at Petra Diamonds' mine beaten, killed by security, report finds

  JOHANNESBURG, Nov 12 (Reuters) - Subsistence miners who trespassed onto Petra Diamonds' PDL.L Williamson mine in Tanzania were detained, beaten, shot, and in some cases killed by security...

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  BRIEF-Petra Diamonds Q1 revenue up 33% to US$82.0 mln

  Oct 27 (Reuters) -Petra Diamonds Ltd PDL.L :* Q1 PRODUCTION DOWN 10% TO 974,346 CARATS (Q1 FY 2020: 1,082,764 CARATS)* Q1 REVENUE INCREASED 33% TO US$82.0 MILLION (Q1 FY 2020: US$61.6...

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  BRIEF-Petra Diamonds Announces Special Tender Process For Letlapa Tala Collection

  Oct 21 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - SPECIAL TENDER PROCESS FOR LETLAPA TALA COLLECTION, BEING FIVE BLUE DIAMONDS

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  UPDATE 2-London stocks rise on hopes of Brexit trade deal

  (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* UK says Brexit talks situation with EU unchanged* BoE could step up spending...

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  UPDATE 3-Petra Diamonds shares fall on debt-for-equity deal

  * Petra agrees restructuring deal with debt holders* Plan will give noteholders 91% of the company* Shares down 3.6% after dropping 18% at open (Adds analyst comments)By Helen Reid and...

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  CORRECTED-UPDATE 2-Petra Diamonds shares slump on debt-for-equity deal

  (Corrects to show debtholders to contribute $30 million, removes reference to $337 million of new liquidity, paragraph 4)* Petra agrees restructuring deal with debt holders* Plan will give...

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  UPDATE 1-UK Stocks-Factors to watch on Oct 20

  (Adds company news items, futures)Oct 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 5,871 on Tuesday, according to financial bookmakers, with futures down...

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  Petra Diamonds agrees to restructuring after sale process bears no fruit

  Oct 20 (Reuters) - Africa-focussed miner Petra Diamonds PDL.L said on Tuesday it had an agreement with its lenders to restructure the group and was abandoning a formal sale process after...

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  REFILE-BRIEF-Petra Diamonds Says In Agreement For Long-Term Restructuring

  (Corrects to drop extraneous words from headline)Oct 20 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - LONG-TERM RESTRUCTURING SOLUTION FOR PETRA: COMMERCIAL TERMS AGREED IN...

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  BRIEF-Petra Diamonds Announces Conclusion of Wage Agreement with NUM in South Africa

  Oct 6 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - APART FROM WAGE INCREASES, AGREEMENT ALSO COVERS VARIOUS OUTSTANDING DISCUSSION POINTS BETWEEN PETRA AND NUM* PETRA DIAMONDS -...

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  UPDATE 1-South African union threatens strike at coal and diamond mines

  (Adds companies comments)JOHANNESBURG, Oct 2 (Reuters) - South Africa's National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro EXXJ.J...

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  South African union threatens strike at coal and diamond mines

  JOHANNESBURG, Oct 2 (Reuters) - South Africa's National Union of Mineworkers (NUM) threatened on Friday to call a strike at mining companies De Beers, Exxaro EXXJ.J and Petra Diamonds PDL.L...

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  BRIEF-Petra Diamonds Says Recovery Of Five High Quality Blue Diamonds At Cullinan Mine

  Sept 16 (Reuters) - Petra Diamonds Ltd PDL.L :* PETRA DIAMONDS - RECOVERY OF FIVE HIGH QUALITY BLUE DIAMONDS AT CULLINAN MINE* PETRA DIAMONDS - RECOVERED FIVE TYPE IIB BLUE DIAMONDS OF HIGH...

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  BRIEF-Petra Diamonds Updates On Allegations At Williamson Mine

  Sept 9 (Reuters) - Petra Diamonds Ltd PDL.L :* REG-PETRA DIAMONDS: STATEMENT RE ALLEGATIONS AT WILLIAMSON MINE* PETRA DIAMONDS - TO DATE, CLAIMS HAVE NOT BEEN SERVED ON EITHER PETRA OR WDL...

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  RPT-From carats to peanuts: how a pandemic upended the global diamond industry

  (Repeats story with no changes to text)* Global diamond supply chains convulsed by pandemic* Diamond polishers in India switch to farming* Miners seek new supply deals to boost margins*...

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  From carats to peanuts: how a pandemic upended the global diamond industry

  * Global diamond supply chains convulsed by pandemic * Diamond polishers in India switch to farming * Miners seek new supply deals to boost margins * Mines from Canada to Lesotho still...