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Death casts cloud over Petra Diamonds' sparkling results
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Petra : Death casts cloud over Petra Diamonds' sparkling results
The latest in a series of deadly accidents at the Petra Diamonds mines brought the brightness of a 48 percent sales increase earlier. Johan Dippenaar, head of the FTSE 250 miner, said an employee died in November after being hit by a rock at his Finsch site in South Africa. That followed the death of four workers in their African mines in August and September. Shares fell 1.6p to 154.6p after the company said revenue rose to 228.5 million dollars (£ 183.6m), Dippenaar said. "Security remains our top priority and we are putting renewed focus on this vital area, Millions) from $ 154 million in the six months to December 31, with a production of 24% to 2,015,087 carats. That there had been "some evidence of improving retail demand," with some jewelry companies reporting growth in Christmas sales, adding that it expects market conditions to remain stable in the second half. Information on: Commercial diamonds Reuse content
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