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RAPAPORT… Petra Diamonds has lowered its sales and production forecast
for the current fiscal year, as an expansion of its operations has taken longer
than expected.
The South Africa-focused miner’s rough-diamond output will
be 8% to 9% below its projection of 4.4 million carats for the 12 months ending
June 30, it said Wednesday. As a result, revenue will be about 8% to 9%
below what…

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