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Petra Diamonds says Tanzania problems won't endanger company
September 18, 2017 / 9:56 AM / a month ago

Petra Diamonds says Tanzania problems won't endanger company

LONDON (Reuters) - Petra Diamonds said on Monday it had restarted operations at its Williamson mine in Tanzania after the government seized a consignment and questioned some of its personnel as part of a crackdown on the mining sector.

“We are watching things on a week to week basis,” CEO Johan Dippenaar said on a conference call. “But we won’t allow the mine to endanger the rest of the group.”

Reporting by Zandi Shabalala and Radhika Rukmangadhan; editing by Jason Neely

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