CATALAYER NEWS
Petra Begins Finsch Mine Rescue Plan Amid Diamond Market Slump
Source: Bloomberg Markets · 2026-05-29
Petra Diamonds Ltd. is putting one of its two mines into a business restructuring process and is considering job cuts across the rest of the company, as falling diamond prices and a strong rand erode earnings and liquidity.
MORE FROM BLOOMBERG MARKETS
AI Is Eating the Financial Market
2026-05-29
BOE's Bailey Sees 'Signs of Strains' in Private Credit
2026-05-29
NYC College Sells Staten Island Campus to Wagner for $30 Million
2026-05-29
TotalEnergies’ Oil Trading Reaps $2 Billion Per Year, CEO Says
2026-05-29
Dell Extends AI Winning Streak | Open Interest 5/29/2026
2026-05-29
RELATED MARKETS
Prediction Markets