Petra Diamonds has lowered its production guidance for the current financial year, largely as a result of a revision of the mining scope at the Finsch site and the slightly lower production levels at the Williamson asset.
The firm said it remains on track to deliver five million carats per year by 2019, with a target of 2.85m carats in 2013, 30% higher than that delivered in the previous year. Disappointingly for investors, this is 0.25m carats lower than previously stated.
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