Claude Posted June 30, 2020 Petra Diamonds has put itself or parts of its business up for sale, the Africa-focussed miner said on Friday, as part of a review the company began in March after being hammered by lacklustre demand and prices for the precious gem. The company has been in talks with its creditors to shore-up finances as the COVID-19 pandemic forced it to scale back operations in a troubled diamond market. London-listed Petra said it is seeking offers, but has received none so far and could cancel its decision at any time. Seeking potential buyers offers is a standard part of restructuring processes where the company weighs all options. Read more at Moneyweb Community liaison. It ain't much but it's honest work. Share this post Link to post Share on other sites
