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Life looks up for Petra after strike ends at Finsch, Koffiefontein - Mining MX

PETRA Diamonds said full year production guidance of between 4.8 million to five million carats would be unaffected by a ten day strike at its Finsch and Koffiefontein mines which ended today following a new three-year wage pact. The UK-listed diamond ...and more »

Petra Diamonds' shares sparkle as its solves labour disputes in South Africa - MINING.com

Shares in Petra Diamonds (LON:PDL) climbed more than 12% on Thursday after he company said it had reached a wage agreement with the main union at two of its mines in South Africa, adding that miners will return to work on Friday. Workers belonging to ...and more »

Tanzania grants Petra authorisation to resume diamond exports, sales - Creamer Media's Mining Weekly

JOHANNESBURG (miningweekly.com) – The Tanzanian government has granted LSE-listed Petra Diamonds authorisation to resume the export and sales of diamonds from its Williamson mine. The miner and the government will now finalise details of the timing and ...and more »

UPDATE 1-Petra Diamonds reaches wage agreement with South Africa's NUM - Reuters

Sept 28 (Reuters) - Petra Diamonds Ltd said on Thursday it had reached an agreement with South Africa's National Union of Mineworkers (NUM) on pay at the company's Finsch and Koffiefontein operations, ending a strike at the two mines. Employees would ...and more »

Petra Diamonds resumes export and sales from Williamson mine in Tanzania - Mining Review

LSE-listed Petra Diamonds has received authorisation from the Government of Tanzania to resume diamond exports and sales from its Williamson mine. The exact timing and process for the next diamond parcel export to the Petra Diamond marketing office in ...and more »

Should you buy Petra Diamonds Limited after a 15% jump today? - Motley Fool UK

Petra Diamonds (LSE: PDL) saw its shares plummet by 65% from a peak in December last year, to 60p on 25 September. But shareholders will be buoyed by a 15% price hike Thursday to reach a morning high of 83.75p. As I write, that's fallen back to 78p ...and more »

Petra Diamonds reaches wage agreement with Num - Moneyweb.co.za

Petra Diamonds said on Thursday it had reached an agreement with South Africa's National Union of Mineworkers (NUM) on pay at the company's Finsch and Koffiefontein operations, ending a strike at the two mines. Employees would return to normal duties ...and more »

Stock of the day: Petra Diamonds sparkles despite murky outlook - City Index

Petra Diamonds shares have extended gains this week to almost 20% after it got more clarity about authorisation to export from its troubled Williamson mine in Tanzania. The country recently cracked down on mining firms by increasing export taxes ...and more »

Petra Diamond to resume diamond exports - Inside Mining

Petra Diamonds Limited has announced that it has received authorisation from the Government of the United Republic of Tanzania to resume diamond exports and sales from the Williamson mine in Tanzania. The diamond miner said the exact timing and process ...and more »