Archive
Petra Diamonds' shares jump as firm reports 44% growth in revenue on record production
The small cap firm sold 1,373,771 carats of diamonds in the third quarter, compared to 1,069,886 sold at the same stage a year earlier
Company
Petra Diamonds Limited
LON:PDL
Mid-tier diamond exploration, development and production with all of its operations in Southern Africa. Petra as one of the world’s largest independent diamond groups by resources, with a total resource base of 265 million carats, worth US$27.3 billion.
170 stories · page 4 of 9
Investments and investor services
FTSE 100 ends in red after lacklustre session
The FTSE 100 extended the morning's losses toe end the day 47 points lower at 7,247
Archive
Banks to feature strongly in deluge of blue chip earnings, including Lloyds, RBS, Barclays
Week ahead includes a deluge of blue chip results, notably from the banking sector, including numbers from HSBC PLC, Barclays PLC, Lloyds Banking Group PLC, and Royal Bank of Scotland PLC
Proactive Mining highlights: Asiamet Resources, Eurasia Mining, Ferrum Crescent, Goldplat, Wolf Minerals, Petra Diamonds
As ever, it was a busy week of reporting, shareholder updates as well as progress with exploration and development projects.
Archive
Petra Diamonds' shares plummet as miner warns on full year earnings, cuts production guidance
The FTSE All-Share listed firm said its production guidance for the financial year to the end of June would be between 4.6mln and 4.7mln carats, down from a previous forecast of 4.8mln to 5.0mln carats
Archive
Unilever among the quality blue chip updates scheduled, but Fed meeting and US jobs data more important
Week ahead includes updates from FTSE 100 AstraZeneca PLC, BT Group PLC, Royal Dutch Shell PLC, and Unilever PLC, plus a Federal Reserve meeting and January US jobs data
Archive
Is it time to buy 'bombed-out Carillion?
The short-sellers' favourite has turned up on the radar of the "Bombed Out but Bouncing Back" portfolio. Will it be the next Interserve?
Archive
"Bombed Out" portfolio takes a chance on fallen giants AA, Acacia, Hikma, Interserve, Petra Diamonds and Petrofac
Somewhat surprisingly, the portfolio is enjoying a good spell, but it is taking a bit of a leap of faith in terms of Tanzania with a couple of its new selections
FTSE 100 near flat at close after quiet day's trading
Around 4pm, the UK blue chip index was up about 8 points to 7,531
Lloyds, Barclays and RBS under the microscope with release of third quarter earnings
The week ahead includes third quarter earnings from Lloyds, Barclays and RBS along with trading updates from Shire, IAG and GSK
Shanta on track for 80,000 ounces and unlikely to be deflected by political rumblings in Tanzania
Shanta Gold's recent production ramp-up in Tanzania is unlikely to be derailed by the current uncertainty there
Archive
Petra Diamonds shares lose their sparkle as Tanzania government bans diamond exports
Petra Diamonds has halted operations at its Williamson mine in Tanzania as the government questioned key personnel as part of a wider crackdown on the industry
Gold mining in Tanzania gets riskier, and more attractive too
Tanzanian royalty claims have alarmed investors, but it's nothing new in resources and not even specific to Africa
Archive
Provident Financial and Carillion face demotions in FTSE reshuffle
The day ahead includes the quarterly FTSE reshuffle announcement and full year results from UK recruiter Hays