Petra still expecting record production, despite lowering FY guidance

June 28, 2017

Responsive image

A slower-than-anticipated build-up of its expansion programmes has prompted Petra Diamonds to lower its full-year production guidance by 8% to 9% from the 4.4-million previously targeted. This, the LSE-listed diamond miner said, would have a coinciding 8% to 9% impact on its revenue, which will be below market expectations.

Category: General