Petra Diamonds appoints 2 CEOs

Petra Diamonds appoints two CEOs as it battles widening losses
Petra Diamonds on Monday said it has appointed joint CEOs to replace Richard Duffy, who has resigned "by mutual agreement and with immediate effect" amid a wider loss of $69 million for the half-year to December 2024.
Petra Diamonds appoints joint CEOs following Richard Duffy’s resignation and reports $69M loss
In a recent announcement on Monday, UK-headquartered Petra Diamonds revealed a significant change in leadership, appointing joint chief executive officers (CEO) to take the helm. This decision follows the resignation of Richard Duffy,
Petra diamonds shares slump after CEO resigns, earnings drop 60%
The CEO change came as Petra also reported a 60% drop in earnings for the six months ending December 31. The miner, which owns two diamond mines in South Africa, had adjusted earnings before interest, taxes, depreciation and amortization of $15 million in the period, according to an interim results statement.
Petra Diamonds CEO Duffy steps down
Petra Diamonds CEO Richard Duffy has resigned "by mutual agreement and with immediate effect", the company said on Monday. The diamond miner said in a statement it has appointed Chief Restructuring Officer Vivek Gadodia and Juan Kemp,
CEO Quits as Petra Announces $69m Loss
(IDEX Online) - Petra Diamonds announced the resignation yesterday (17 February) of its CEO Richard Duffy, on the same day it posted a $69m net loss for the half-year to December 2024. Duffy left "by mutual agreement and with immediate effect," the company said, though it gave no reason for his departure.
Petra Diamonds CEO Richard Duffy resigns amid 60% earnings drop
Petra Diamonds is undergoing significant changes following the immediate resignation of CEO Richard Duffy. The company reported a staggering 60% drop in earnings for the six months ending December 31, alongside a breach of its lending covenants. In response to Duffy’s departure, Vivek Gadodia and Juan Kemp have been appointed as joint interim CEOs.
Petra Diamonds losses widen in H1, CEO resigns
Mining group Petra Diamonds revealed on Monday that losses had widened in the six months ended 31 December and that chief executive Richard Duffy had resigned, with immediate effect.
Petra Diamonds CEO Duffy resigns as fist-half loss widens
Shares in Petra Diamonds Ltd fell on Monday after the company announced the immediate resignation of Chief Executive Officer Richard Duffy, alongside a wider half-year loss and weaker diamond sales. The South Africa and Tanzania-focused diamond miner said Duffy stepped down by mutual agreement,
NUM up in arms over Petra Diamonds’ retrenchments of 200 workers
The company has been restructuring its cost base while it also reported a 9% decline in like-for-like diamond prices for the ...
Investors in Petra Diamonds (LON:PDL) have unfortunately lost 90% over the last five years
Petra Diamonds Limited ( LON:PDL ) shareholders should be happy to see the share price up 12% in the last month.
Petra Diamonds Ltd - Director Change
Petra Diamonds Ltd - Director Change PR Newswire LONDON, United Kingdom, February 17 17 February 2025 LSE: PDL Petra Diamonds ...
Petra Diamonds boosts cash flow despite plummeting revenue
The company lowered mining and processing costs from continuing operations by 19% and cut capex by 32% during the period ...
Petra Diamonds Ltd - H1 FY 2024 Interim results
Vivek Gadodia and Juan Kemp, joint interim Chief Executive Officers at Petra Diamonds commented: “These financial results ...