London-listed Petra Diamonds says the actions it has taken to strengthen the business and improve cashflow generation, together with capital discipline, places the company in good stead for the remainder of the current financial year and for the following years, despite the company posting an interim net loss of $17.6-million. CEO Richard Duffy says the fundamentals of the diamond market will continue to support prices, with demand for luxury goods remaining robust in the US, notwithstanding economic volatility.