Petra Diamonds says mines operating at normal electricity load levels 

By Reuters      / December 12, 2019 / www.miningweekly.com / Article Link

London-listed Petra Diamonds said on Thursday that its electricity use restrictions have been lifted by South Africa's State utility Eskom and its mines are operating at normal load levels.

The company restarted its Cullinan, Finsch and Koffiefontein mines in South Africa on Tuesday, but added that it was restricting power use in line with requirements by Eskom.

Advertisement

Rolling blackouts in South Africa are set to continue on Thursday as some generating units are still down, after a week of heavy rains across parts of the country caused flooding, aggravating problems at struggling power firm Eskom.

Shares in Petra Diamonds were 1.4% higher at 8.2p at 12:11 GMT.

Advertisement

Recent News

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com

Gold stocks down in risk-on shift

December 08, 2025 / www.canadianminingreport.com

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok