The Northwest Territories must urgently diversify its mining sector beyond diamonds as the territorial economy struggles, ...
Petra Diamonds has appointed a business rescue practitioner to its Finsch mine in South Africa which has been hit by stiff ...
The rising popularity of lab-grown diamonds heaps pressure on those hunting for the natural gems.
Forbes contributors publish independent expert analyses and insights. Specialist in global markets, economics and alternative investments. Investors are grappling with unprecedented uncertainty due to ...
Demand for diamond jewellery has been hit by high interest rates in the US, home to 55% of global demand, a muted post-pandemic recovery in China and competition from lab-grown di ...
Mining Technology on MSN
Petra Diamonds initiates Finsch rescue amid market downturn
To address the challenging market conditions, the company is taking several cash preservation measures.
Business Insider Africa on MSN
Petra Diamonds sounds alarm on natural diamond market, cuts jobs and restructures major South African mine
The crisis engulfing the global diamond industry has claimed another major casualty. Petra Diamonds, one of Africa’s largest ...
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