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Petra Diamonds


 

Overview

Petra Diamonds is a leading independent diamond mining group with a diversified portfolio of producing mines (Finsch, Cullinan, Koffiefontein and Kimberley Underground in South Africa and Williamson in Tanzania), a major resource base of ca. 300 million carats and an exploration programme in South Africa and Tanzania. Petra’s mines have produced many of the world’s most spectacular and celebrated diamonds, particularly Cullinan, which is the source of the world’s largest gem diamond ever recovered: the Cullinan diamond (3,106 carats rough) that was cut to form the Great Star of Africa and the Second Star of Africa, the two largest cut diamonds in the British Crown Jewels. Petra conducts all operations according to the highest ethical standards and is a constituent of the FTSE4Good Index.

Visit our website: www.petradiamonds.com
Stock Market Listing: London [LSE:PDL]
Bloomberg Ticker: PDL:LN

 

Presentations

FY18 Preliminary results 17-Sep-18
Corporate Presentation 4-Feb-18
Why are diamonds so special? 5-Nov-17
More Petra presentations: https://www.petradiamonds.com/investors/presentations/

 

Sustainability Reports

Payments to Governments Report FY2018 26-Oct-18
2018 Sustainability Report 24-Oct-18
 Payments to Governments Report FY2017 19-Dec-17
2017 Sustainability Report 30-Oct-17
2016 Sustainability Report 23-Nov-16 
More information: www.petradiamonds.com/sustainability/managing-sustainability/

 

Annual/Half Yearly Reports

Financial year ends 30 June

FY2018 Annual Report 15-Oct-18
2017 Annual Report 16-Oct-17
6 months interim results to 31 Dec 2016 20-Feb-17
2016 Annual Report 18-Oct-16
More Petra updates https://www.petradiamonds.com/investors/news/
and
https://www.petradiamonds.com/investors/results-reports/

 

Trading Updates:

FY2019 Q1 Trading update (Jul to Sep 2018) 22-Oct-18
FY2018 Trading update (Jul 2017 to Jun 2018) 23-Jul-18
FY2018 Q3 Trading update (Jan to Mar 2018) 23-Apr-18
FY2018  H1 Trading update (Jul to Dec 2017) 29-Jan-18
FY2018 Q1 Trading update (Jul to Sep 2017) 23-Oct-17
FY2017 Update and guidance for FY2018 24-Jul-17
FY2017  Q3 Trading update (Jan to Mar 2017) 24-Apr-17
FY2017 H1 Trading update (Jul to Dec 2016) 23-Jan-17 
FY2017 Q1 Trading update (Jul to Sep 16) 24-Oct-16
FY2016 Trading update (Jul 15-Jun 16) and guidance for FY17 26-Jul-16
More Petra updates https://www.petradiamonds.com/investors/news/
and
https://www.petradiamonds.com/investors/results-reports/

 

Mines

Petra’s five mining operations are all focused on ‘hard rock’ kimberlite pipe orebodies (as opposed to alluvial deposits). In Tanzania, Petra operates the open pit Williamson, mine where ore is drilled and blasted from the surface. In South Africa, the Company operates four underground mines, which use ‘cave’ mining to access one block of ore at a time, exploiting gravity and the kimberlite’s inherent weakness to enable the ore to collapse autonomously. By opening up access to new blocks of ore at its underground mines, Petra will be able to mine pure kimberlite ore, undiluted by waste rock, thereby substantially increasing the grade. Petra also operates extensive tailings operations in South Africa, whereby material that has already been through the plant can be reprocessed to extract further diamond content.

Mine Location Mining Method Production FY 2017
‘000cts
Finsch South Africa Underground & Tailings 2,150
Cullinan South Africa Underground & Tailings 787
Koffiefontein South Africa Underground & Tailings 51
Kimberley South Africa Underground & Tailings 800
Williamson Tanzania Open-pit 225
 TOTAL 4,013

 

Reserves and Resources

As of 30 June 2018

Reserves: 42.92M cts
Gross Resources: 290.48M cts (including reserves)
More info: http://www.petradiamonds.com/our-operations/reserves-resources