Brief: Petra Diamonds Suspends Full Year Carat Production Guidance At Cullinan Mine
08/05/2026 07:23
May 8 (Reuters) - Petra Diamonds Ltd PDL.L: PETRA DIAMONDS: Q3 FY 2026 OPERATING UPDATE PETRA DIAMONDS: SUSPENDS FULL YEAR CARAT PRODUCTION GUIDANCE AT CULLINAN MINE PETRA DIAMONDS: EMBARKED UPON AN IMMEDIATE COST AND CAPITAL EXPENDITURE REDUCTION ASSESSMENT PETRA DIAMONDS: CONSIDERS SUSPENDING FURTHER CAPITAL EXPENDITURE AT FINSCH PETRA DIAMONDS: REVIEWING PHASING OF OPERATING AND CAPITAL EXPENDITURE, PRIORITISING MINING AREAS THAT OFFER BEST NEAR-TERM VALUE PETRA DIAMONDS: COMPANY TO CONSIDER ALL OPTIONS FOR FINSCH INCLUDING OPERATIONAL COST CUTTING PETRA DIAMONDS: INITIATES COST AND CAPITAL EXPENDITURE REDUCTION ASSESSMENT TO PRESERVE LIQUIDITY PETRA DIAMONDS: UNLIKELY THAT FULL YEAR CARAT PRODUCTION GUIDANCE AT CDM WILL BE ACHIEVED Source text: ID:nPRr80106a Further company coverage: PDL.L ((Reuters.Briefs@thomsonreuters.com))
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