South Africa-focused Petra Diamonds Ltd said it expected production in the year ending next June to grow by about 30 percent, helped by contribution from its Finsch and Williamson mines and higher output at its Kimberley Underground mines.
The diamond miner said profit from mining activity rose 35 percent to $103.3 million in the year ended June 30. Production nearly doubled, mainly due to the contribution from Finsch -- South Africa's second-biggest diamond operation.
Petra, which has
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