Petra Diamonds results to fall short of expectations - Petra - TopicsExpress

Petra Diamonds results to fall short of expectations - Petra Diamonds (LON:PDL) warned results over its full year results for 2015 after a drop in production from the Cullinan mine and a softening of the diamond market. Nevertheless, it has proposed a maiden dividend of 2p per share. The company said the customary ‘seasonal softness’ in diamond prices has this year been exacerbated by liquidity issues, the size of polished stone inventories and a stronger US dollar. Pet... ow.ly/2TRBwm

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