Petra Diamonds increases sales but average price per carat falls
(Alliance News) - Petra Diamonds Ltd on Thursday said it increased its diamond sales in the second tender for the financial year, but the average price per carat fell.
Read moreTue, 18th Feb 2020 13:26
(Alliance News) - Petra Diamonds Ltd on Thursday said it increased its diamond sales in the second tender for the financial year, but the average price per carat fell.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read morePetra Diamonds Ltd - London-based diamond miner focused on South Africa and Tanzania - On Thursday confirms no fatalities or serious injuries at Tailings Storage facility wall breach at Williamson in Tanzania. Says three injuries of a minor nature have been reported and appropriate treatment has been provided. "The cause of the breach is not yet confirmed and an investigation is underway", Petra says.
Read more(Sharecast News) - Petra Diamonds said on Thursday that production from the Williamson mine in Tanzania is expected to be suspended for up to three months following a wall breach and flooding at the tailings storage facility (TSF).
Read moreThursday 10 November | |
ACP Energy PLC | AGM |
Alternative Income REIT PLC | AGM |
BHP Group Ltd | AGM |
Ferro-Alloy Resources Ltd | AGM |
London Finance & Investment Group PLC | AGM |
UIL Ltd | AGM |
Friday 11 November | |
88 Energy Ltd | GM re proposed resolutions vote |
Abcam PLC | GM re approval to leave AIM on 14 December |
Galliford Try Holdings PLC | AGM |
Ingenta PLC | GM re capital allocation |
Redrow PLC | AGM |
Monday 14 November | |
DeepVerge PLC | GM re conditional placing, conditional subscription and broker offer |
Tuesday 15 November | |
Berkeley Energia Ltd | AGM |
Biffa PLC | GM re proposed takeover by ECP |
Craneware PLC | AGM |
Unicorn AIM VCT PLC | AGM |
Unicorn Mineral Resources PLC | AGM |
Wednesday 16 November | |
European Opportunities Trust PLC | AGM |
Finsbury Food Group PLC | AGM |
GreenX Metals Ltd | AGM |
Jubilee Metals Group PLC | AGM |
Litigation Capital Management Ltd | AGM |
Marble Point Loan Financing Ltd | AGM |
McBride PLC | AGM |
Petra Diamonds Ltd | AGM |
Smiths Group PLC | AGM |
ThinkSmart Ltd | AGM |
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(Alliance News) - Petra Diamonds Ltd on Monday reported that the eastern wall at it tailings storage facility at the Williamson mine in Tanzania was breached.
Read morePetra Diamonds Ltd - London-based diamond miner focused on South Africa and Tanzania - Produces and sells fewer diamonds in first quarter as net debt widens and revenue falls. In the first quarter that ended September 30, revenue falls 10% to USD102.9 million from USD114.9 million a year prior. Diamond sales decline by 10% to 520,011 carats from 578,186 a year ago, while diamond production falls 13% to 763,220 carats from 876,411. The firm notes that lost time injury frequency rate in the quarter improved by 48% to 0.16 compared to 0.31 a year ago.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more(Sharecast News) - Analysts at Berenberg raised their target price on diamond ming outfit Petra Diamonds from 107.0p to 130.0p on Wednesday, updating its model for the group following its full-year results.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read morePetra Diamonds Ltd - London-based diamond mining company focused on South Africa and Tanzania - Post a pretax profit of USD125.9 million for the year to June 30, down 43% versus USD219.6 million the year before. Prior period benefits from a USD14.7 million profit from a disposal. Further, finance income fell 77% to USD19.0 million from USD81.6 million. Revenue rises 44% to USD585.2 million from USD406.9 million. Credits this to a 42% increase in year-on-year like-for-like prices. Declares no dividends for this year, unchanged from a year before. Launches a USD150 million tender offer to reduce gross debt. Says it will save the company up to USD15 million yearly in interest expenses.
Read more(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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