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Company News: Petra Diamonds
Updated: 13 May 2011

 

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market.

 

The Company offers an exceptional growth profile within the diamond sector, with a core objective to increase annual production to around 4 million carats by FY 2014 (including Finsch) and further increase output to over 5 million carats by FY 2019 (including Finsch). The Group has a major resource base of 309 million carats (including Finsch).

 

Petra has a well-diversified portfolio, with interests in seven producing mines: six in South Africa (Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson).  Post completion of the Finsch acquisition, the Company will have eight producing mines in Africa.

 

Petra conducts all its operations according to the highest ethical standards and will only work in countries which are members of the Kimberley Process. The Company is quoted on the AIM market of the London Stock Exchange (AIM: PDL). For more information, visit www.petradiamonds.com.

 

Also Known as: Petra
Business Category Exploration; Mining
Regions of Operation Central and East Africa; Southern Africa
Exchange Ticker PDL
 

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Financial Information

Share Holders Al Rajhi Holdings W.L.L.; Saad Investments Company Limited; JP Morgan Asset Management U.K. Ltd; Scottish Widows Investment Partnership; Capital Group International, Inc.; Blackrock Investment (UK) Limited; Directors
Exchanges listed on AIM
Market Cap £880
Shares Issued 497,884,009
UK Office
  • 36 Dover Street
  • London
  • W1S 4NH
  • United Kingdom

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