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Petra trims capex for slower ramp-up

Miner is committed to expanding South African mines but at a slower pace

William Clarke
credit: Petra

Credit: Petra

Petra Diamonds has unveiled a slower production plan and a trimmed-down cost structure to weather a weaker market.  The miner has cut its 2025 production guidance by 18% to 2.8-3.1Mct, and its 2026...

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