{"id":14911,"date":"2012-09-24T16:52:36","date_gmt":"2012-09-24T14:52:36","guid":{"rendered":"http:\/\/www.myza.co.za\/09\/petra-diamonds-forecasts-30-pct-growth-in-annual-production\/"},"modified":"2012-09-24T16:52:36","modified_gmt":"2012-09-24T14:52:36","slug":"petra-diamonds-forecasts-30-pct-growth-in-annual-production","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/petra-diamonds-forecasts-30-pct-growth-in-annual-production\/","title":{"rendered":"Petra Diamonds forecasts 30 pct growth in annual production"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">Sept 24<\/span> (Reuters) &#8211; South Africa-focused Petra Diamonds Ltd<br \/>\n said it expected production in the year ending next June<br \/>\nto grow by about 30 percent, helped by contribution from its<br \/>\nFinsch and Williamson mines and higher output at its Kimberley<br \/>\nUnderground mines.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>The diamond miner said profit from mining activity rose 35<br \/>\npercent to $103.3 million in the year ended June 30. Production<br \/>\nnearly doubled, mainly due to the contribution from Finsch &#8212;<br \/>\nSouth Africa&#8217;s second-biggest diamond operation.<\/p>\n<p><span><\/span><\/p>\n<p>Petra, which has interests in seven operating mines in South<br \/>\nAfrica and one in Tanzania, expects to produce 2.85 million<br \/>\ncarats in fiscal 2013.<\/p>\n<p><span><\/span><\/p>\n<p>Its plans to ramp up production to 5 million carats by<br \/>\nfiscal 2019 were on target, the company said.<\/p>\n<p><span><\/span><\/p>\n<p>Shares in the company closed at 109.7 pence on the London<br \/>\nStock Exchange on Friday.<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sept 24 (Reuters) &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-14911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=14911"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/14911\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=14911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=14911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=14911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}