Petra Diamonds profits from mining up 115% in H1 FY 2014
Petraâ€™s growth plan to achieve annual production of 3 million carats in FY 2014 and 5 million carats by FY 2019 continues to progress well, with all expansion programmes on track and on budget, and Group Capex entirely funded by operating cashflow for the first time during H1 FY 2014.
Petra Diamonds report recovery of exceptional 29.6 carat Blue Diamond at Cullinan
Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in six producing mines: five in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground and Helam) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana.
CaratLane.com offers diamond jewellery at 50% discount on market rate
CaratLane offers customer friendly policies such as no questions asked, 30-day free returns, life time exchange policy on all jewellery as opposed to conventional stores. This benefit is passed on to customers in the form of very competitive prices, thereby enabling them to save more than 50% on solitaires.