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Petra Diamonds Still On Track For Production Target As Strikes End

7th Oct 2013 10:02

LONDON (Alliance News) - Petra Diamonds Ltd Monday said it delivered 816,735 carats in the first quarter of its new financial year despite a strike, and it therefore remains on track to produce three million carats for the whole year.

Some of Petra's South African mines were hit by industrial action between August 29 and September 16.

The company said it will give detailed production and sales figures for the first quarter that ended September 30 in November.

Petra Diamonds shares were up 2.3% at 118.70 pence Monday morning.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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