Stargems Takes Koffiefontein Mine off Petra’s Hands

Dubai-based diamond sourcing and supply company will take over responsibility for environmental rehabilitation fees.

South Africa’s Small-Scale Diamond Mining Dilemma

Executives are left frustrated as they try to tap into the full potential of their deposits along the lucrative Orange River.

Petra Finds Potential Buyer for Shuttered Mine

Koffiefontein deposit in South Africa has been on care and maintenance since November 2022.

Where Petra Diamonds Sees Its Competitive Edge

The company’s investment in production is just one way it’s differentiating itself in the diamond market.

Petra Diamonds Slides to Loss in ‘Subdued’ Market

Miner gives downbeat outlook following weak demand in past fiscal year.

Petra Postpones June Rough Sale

Miner will tender the goods in August, hoping market will improve.

Petra Sales Falter Amid Mine Shutdown

Fewer tenders during third quarter also affected revenue.

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