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flag Petra Diamonds CEO resigns as company faces high debt, lower revenues, and a tough market.

flag Petra Diamonds CEO Richard Duffy resigned amid the company's financial struggles, including high debt and lower revenues. flag The company has taken steps like selling assets and cutting costs to address the challenges. flag Joint interim CEOs Vivek Gadodia and Juan Kemp have been appointed to lead the company through its difficulties, which include a weak diamond market and increased competition from lab-grown diamonds.

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