[Miningmx] The rough diamond market has ended 2009 in better shape than expected. However, everything now depends on Christmas jewellery sales in the major markets, in particular the United States.
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[Business Day] Petra Diamonds, the owner of the Cullinan mine where a 507- carat diamond was found in September, has raised 120m from a share placing that was oversubscribed.
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[Miningweekly] Africa-focused diamond-miner Petra Diamonds has recovered a 507,55ct white diamond at its iconic Cullinan operations, in South Africa.
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[Business Day] Southern African diamond producer Petra Diamonds, which is listed on London’s AIM exchange, expects diamond prices to continue strengthening gradually, it said in a trading update yesterday.
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[Miningweekly] Diamond-miner Petra Diamonds is taking strong steps to ensure that it survives the economic downturn by focusing on mines that generate cash and closing down most of its cash-consuming exploration activities, says company CEO Johan Dippenaar.
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[Miningweekly] Diamond-miner Petra Diamonds is taking strong steps to ensure that it survives the economic downturn by focusing on mines that generate cash and closing down most of its cash-consuming exploration activities, says company CEO Johan Dippenaar.
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[Inside Mining] Aki Wilhelm of Inside Mining visits Cullinan Diamond Mine.
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[Miningweekly] International gem-miner Petra Diamonds announced on Monday that it would reduce its yearly exploration budget by about $25-million and that it would focus on the development of cash-positive mines, and prospecting in Botswana.
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[Miningmx.com] Petra Diamonds is making major changes to the processing plant at the Cullinan mine near Pretoria to improve the recovery of large diamonds.
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[The Israeli diamond industry] During the past few years, Petra Diamonds has acquired numerous diamond mines from giant diamond miner De Beers, including Cullinan, Koffiefontein and Dancarl. In addition the company has also agreed to acquire two further mines from De Beers: Kimberley Underground and Williamson
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