Creditors to take control after Petra secures restructuring deal
(Sharecast News) - Shares in Petra Diamonds lost their sparkle on Tuesday after the mining company abandoned plans to sell the business in favour of a debt-for-equity swap.
Read more(Sharecast News) - Shares in Petra Diamonds lost their sparkle on Tuesday after the mining company abandoned plans to sell the business in favour of a debt-for-equity swap.
Read more* Petra agrees restructuring deal with debt holders* Plan will give noteholders 91% of the company* Shares down 9.6% (Writes through, add shares)By Helen Reid and Yadarisa ShabongOct 20 (Reuters) - Petra Diamonds has abandoned plans to sell the bus...
Read more(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 noteholders 91% of the company* Shares down 9.6%By Helen Rei...
Read more(Adds details, context)Oct 20 (Reuters) - Africa-focused miner Petra Diamonds said on Tuesday it had an agreement with its noteholders and lenders to restructure the group and was abandoning a formal sale process after receiving no viable offers f...
Read moreUK TRADING UPDATE SUMMARY: Petra Strikes Deal With South African Union
Read moreIN BRIEF: Petra Diamonds Lauds Big Diamond Finds At Cullinan
Read more(Sharecast News) - Petra Diamonds said on Wednesday that it has recovered five blue diamonds at its Cullinan mine in South Africa, as it warned that measures to improve its capital structure could result in significant equity dilution.
Read morePetra Shares Slide Amid UK Court Claim Over Alleged Human Rights Abuse
Read more(Sharecast News) - Petra Diamonds said on Wednesday that UK-based law firm Leigh Day has filed claims against it alleging human rights breaches at its 75%-owned Williamson mine in Tanzania.
Read more(Repeats to additional subscribers 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* Mines from Canada to Lesotho still shuttered...
Read more(Repeats to additional subscribers, 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 * Mines from Canada to L...
Read more(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 * Mines from Canada to Lesotho still shu...
Read more* 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 shuttered By Helen Reid, Tanisha Heibe...
Read moreUK TRADING UPDATE SUMMARY: Gear4music Strikes Right Note As Sales Jump
Read more(Sharecast News) - Petra Diamonds updated the market on the year ended 30 June on Thursday, reporting a 7% fall in production to 3.59 million carats.
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