Tharisa's earnings double as chrome and platinum rebound
At least, 10% of the net profit after tax will be distributed as dividends, said the miner.
Company
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.
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At least, 10% of the net profit after tax will be distributed as dividends, said the miner.
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It is doubtful of a pick-up next year though suggests Cobham as a potential recovery play if new management’s plan is appreciated by investors.
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Citi also still expects 2018 to be the inflection year when cash starts to come in and dividends start to be paid out.
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Output in the three months was 1,097,523 carats versus 842,796 carats last year
Britain's banks had enough on their plates already, but the Brexit vote made things more complicated still
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“Our key concern is that cash generation does not support [the] valuation,” the Wall Street investment bank said.
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US investment bank downgrades Petra Diamonds to 'neutral'
The government has tipped the wink to the market that gilt prices will be going up, and then wonders why it can't find enough sellers in its gilt purchase programme
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The stone was recovered at the world-famous Cullinan Mine.
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A round up of the week's mining headlines from Proactive.
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In a market where everyone is panicking about house prices and property funds, online house-seller Rightmove remained a source of tranquillity.
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The FTSE 250-listed miner beat market expectations as it bumped up production to post a modest rise in revenue
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Weekly round up of mining news from the world of Proactive.