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Petra Diamonds Limited (PDLMF) Q2 2026 Earnings Call Transcript
Petra Diamonds Limited (PDLMF) Q2 2026 Earnings Call Transcript
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proactiveinvestors.co.uk
Petra Diamonds shares climb on news of another big blue diamond
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) shares climbed on Tuesday after it announced the recovery of a 41.82 carat Type IIb blue diamond at the Cullinan Mine in South Africa. The company described the stone as “of seemingly exceptional quality in terms of both its colour and clarity”.
proactiveinvestors.com
Namibia Critical Metals files NI 43-101 pre-feasibility study for Lofdal project
Namibia Critical Metals (TSX-V:NMI, OTCQB:NMREF) announced that it has filed an independent National Instrument 43-101 Pre-Feasibility Study (PFS) for its...
proactiveinvestors.com
Arizona Gold & Silver appoints new senior vice president of exploration
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF) has announced the appointment of Dr Lex Lambeck as senior vice president of exploration, succeeding Greg...
proactiveinvestors.com
G Mining reports higher Q4 mining rates at Tocantinzinho Gold Mine
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) achieved higher mining rates and steady gold output in the fourth quarter of 2025 at its Tocantinzinho Gold...
proactiveinvestors.co.uk
Petra Diamonds launches rights issue to raise £18.8m
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) has launched a fully underwritten 10-for-17 rights issue to raise around £18.8 million, marking the final step of its long-term refinancing strategy. Proceeds will support general working capital as the group extends the maturity of its senior bank debt to December 2029 and its 9.75% senior secured notes to March 2030 - more than 99% of noteholders have agreed to the proposed amendments under a consent solicitation process, Petra said.
proactiveinvestors.co.uk
Petra Diamonds sparkles after refinancing deal
Shares in Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) rose 43% on Friday after the company announced an agreement in principle with key financial stakeholders on a long-term refinancing package. The move follows 18 months of internal restructuring, including the sale of non-core mines and cost-saving initiatives, aimed at simplifying the business.
proactiveinvestors.co.uk
Petra Diamonds agrees refinancing as turnaround continues
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF), in its fourth quarter update, highlighted “significant steps” taken to become a simpler, more streamlined business – and, separately, announced a refinancing. It reported fourth-quarter revenue of $50 million, up 19% quarter-over-quarter, taking the full-year tally to $206 million.
proactiveinvestors.co.uk
Petra Diamonds announces $53mln of diamond sales
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) has reported US$53 million of sales from its mines in South Africa, comprising 613,682 carats worth of stones. The sales were made across two tender events, which saw an average price per carat of US$86.
proactiveinvestors.co.uk
Petra Diamonds loses its sparkle as it confirms it won't hit cash flow target
Shares in Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) fell 8% in early trading on Wednesday after the miner warned it will miss its net cash flow target for the year. The company blamed continued market weakness and a disappointing product mix at its flagship Cullinan mine in South Africa.
proactiveinvestors.co.uk
Petra Diamonds drops as CEO exits after bank covenant breach
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) shares fell 16% after the immediate resignation of CEO Richard Duffy was announced. The company said Juan Kemp, operations executive at Cullinan Mines, and Vivek Gadodia, chief restructuring officer, will step up as co-CEOs.
proactiveinvestors.co.uk
Petra Diamonds up 12% on Williamson sale
Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) jumped 12% as signed a deal to sell its entire interest in Williamson Diamonds for up to US$16 million to partner Pink Diamonds. The US$16 million consideration is payable out of WDL's distributable cash, with 20% of any distributable cash generated annually payable to Petra until this consideration is fully paid.
seekingalpha.com
Petra Diamonds Limited (PDLMF) Q2 2025 Earnings Call Transcript
Petra Diamonds Limited (OTCPK:PDLMF) Q2 2025 Earnings Call January 21, 2025 4:30 AM ET Company Participants Richard Duffy - Chief Executive Officer Johan Snyman - Chief Financial Officer Vivek Gadodia - Chief Restructuring Officer Patrick Pittaway - Head, Investor Relations Conference Call Participants Nikolas Stefanou - REDD Intelligence Richard Duffy Welcome everybody and thank you for joining us today for a discussion of Petra's Half Year Operating Update. I have with me Johan Snyman, our CFO, who will take you through the financials; and Vivek Gadodia, our Chief Restructuring Officer, who will introduce elements of our restructuring plan.
seekingalpha.com
Petra Diamonds Limited (PDLMF) Q4 2024 Earnings Call Transcript
Petra Diamonds Limited (OTCPK:PDLMF) Q4 2024 Earnings Conference Call September 24, 2024 4:30 AM ET Company Participants Richard Duffy - CEO Jacques Breytenbach - CFO Patrick Pittaway - IR Conference Call Participants Peter Mallin-Jones - Peel Hunt Operator Richard Duffy Discussion of our audited full year results for the 12 months ended 30 June 2024. I'm Richard Duffy, CEO of Petra Diamonds, and I'm joined again by Jacques Breytenbach, our CFO, who will cover the key financial metrics.
seekingalpha.com
Petra Diamonds Ltd (PDLMF) Q2 2024 Earnings Call Transcript
Petra Diamonds Ltd (PDLMF) Q2 2024 Earnings Call Transcript
proactiveinvestors.com
Petra Diamonds slides on swing to loss
Petra Diamonds shares fell 10% on lower revenues and more losses in the half year to December with the miner also cautious about prices going forward. “Whilst we believe that prices have now bottomed, we expect pricing to recover more slowly than initially thought," said Richard Duffy, chief executive.
proactiveinvestors.com
Petra slips as diamonds auctioned early on India import ban
Shares in Petra Diamonds Limited (LSE:PDL, OTC:PDLMF) slipped by almost 7% on Friday morning as the company announced it had auctioned off stock earlier than anticipated due to new import rules in India. Around 75% of available volume was sold off in its second tender of the year, the firm said on Friday, with prices sitting between 16% to 18% lower than previously as a result.
kitco.com
Petra Diamonds sees 'stronger' demand from major jewelry brands in its fourth tender of FY23
(Kitco News) - Petra Diamonds (LSE: PDL) today announced the results of its fourth tender of FY 2023, at which 505,398 carats were sold for a total of US$72.1 million from Petra's South African operations.
proactiveinvestors.co.uk
Petra Diamonds underlying profits above forecast, suggests Peel Hunt
Petra Diamonds' underlying profits were slightly above forecast at US$77.4mln in the six months to December, said broker Peel Hunt with the beat coming from lower than expected cash operating costs, something aided by the ongoing cultural reset. Management has reported a US$5.9m charge to cover the remediation, compensation and repair works for the Williamson tailings breach, a sum that we suspect is lower than many investors expected.
proactiveinvestors.co.uk
Petra Diamonds sets out plans to regain its sparkle as first half revenues and earnings drop
Petra Diamonds Limited, the owner of the historic Cullinan Mine in South Africa, said it is expecting a pickup in progress after revenue growth was stalled in the first six months by a drop in production. It was also hit by a lack of exceptional stones, though this streak was broken in the first weeks of the second half after it uncovered two blue diamonds sold for US$7mln and US$2mln respectively.