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Petra Diamonds

Overview

Petra Diamonds is a leading independent diamond mining group with a diversified portfolio of four producing mines (Finsch, Cullinan, and Koffiefontein in South Africa and Williamson in Tanzania), a major resource base of ca. 290 million carats and a limited exploration program in Botswana and South Africa. 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

More Petra presentations:https://www.petradiamonds.com/investors/presentations/

Investor presentation May-19
Why are diamonds so special? 5-Nov-17

 

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

6 months interim results to 31 Dec 2018 18-Feb-19
FY2018 Annual Report 15-Oct-18
6 months interim results to 31 Dec 2017 19-Feb-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 Q3 Trading update (Jan to Mar 2019) 15-Apr-18
FY2019 H1 Trading update (Jul to Dec 2018) 28-Jan-19
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 (in FY18) were 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 2018
‘000cts
Finsch South Africa Underground & Tailings 2,074
Cullinan South Africa Underground & Tailings 1369
Koffiefontein South Africa Underground & Tailings 53
Kimberley1 South Africa Underground & Tailings 775
Williamson Tanzania Open-pit 341
 TOTAL 4,611

1Petra completed its Disposal of Interest in Kimberley Ekapa Mining Joint Venture on 5 December 2018

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