PROFIT & LOSS

Dippenaar and profit leave Petra

Petra Diamonds (LSE:PDL) can count two losses after the release of its financial year 2018 numbers: the US$203 million attributable to shareholders as well as CEO Johan Dippenaar, who has announced his retirement from the job.

Pot of diamonds at the end of the rainbow: Petra says its debt situation is improving

Pot of diamonds at the end of the rainbow: Petra says its debt situation is improving

Impairments at Koffiefontein and the KEM JV added up to a $170 million hit to the bottom line in the 12 months to June 30, with the miner's adjusted EBITDA rising 37% year-on-year to $195.4 million for...

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