Petra Diamonds delays Cullinan mine tender amid US tariff uncertainty
7 Articles
7 Articles
Petra Diamonds delays Cullinan mine tender amid US tariff uncertainty
Petra Diamonds, which has the world's third-largest resource of diamonds, said on Wednesday it had delayed the sale of gems from its Cullinan mine, east of Pretoria, until there was greater clarity around the impact of US tariffs.
Petra Diamonds delays sales from Cullinan mine amid US tariff uncertainty
Petra Diamonds has announced a delay in the sale of diamonds from its Cullinan mine in South Africa amid uncertainty around US tariffs.The post Petra Diamonds delays sales from Cullinan mine amid US tariff uncertainty appeared first on Mining Technology.
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US tariffs force diamond sales delays in further financial blow to Petra Diamonds
Petra Diamonds has postponed the sale of about 200,000 carats of diamonds produced from its Cullinan mine near Pretoria because of the “considerable diamond market uncertainty “caused by the US tariffs announcement. Despite this Petra has sold diamond production from its Finsch mine in South Africa and its Williamson mine in Tanzania in terms of its fifth sales tender for the current financial year to end-June. Petra reported that total revenue …
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