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Petra Diamonds launches 'immediate' cost review amid weak market pricing

By Benjamin Chiou

Date: Friday 08 May 2026

(Sharecast News) - Petra Diamonds' share price slumped on Friday after the South Africa-focused miner said it had kickstarted an immediate cost review to "preserve liquidity" as pricing in the market continues to be weak.
The company reported sales of $68m for its third quarter, up from $49m the year before,...

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