Publication Navigation

Site Navigation

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
 

Financial Information

Stock Feed
Exchanges listed on AIM
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
Market Cap £880
Shares Issued 497,884,009
UK Office
  • 36 Dover Street
  • London
  • W1S 4NH
  • United Kingdom
 
Speaker Biography
 

Most Recent Company News

 

Latest Press Releases

21 Feb 2011
12 Jan 2011

Previous Next

 
READ THE LATEST PRINT EDITION: MM May 2012
MM-May-2012.jpg



 

PROFESSIONAL PLACEMENTS
Professional Placements

Professional PlacementsChief Operating Officer - TiZir Limited

Key Leadership Role with a $600M Joint Venture Project in West Africa, competitive salary package on offer with Residential and FIFO options.

Professional PlacementsGeneral Manager Mining - OK Tedi Mining

Ok Tedi Mining Limited operates a world class open pit mine and copper concentrator located in the Western Province of PNG.

Professional PlacementsChief Executive Officer - Tin International Ltd

Tin International Ltd. (“TIN”) is in the process of becoming an ASX listed tin development company with assets located in Germany.

Aspermont and Beacon Events expand their global events partnership

AspermontThe parent company of Mining Journal, Aspermont Ltd, recently announced it intends to further expand its global events offering with its partner of five years, Beacon Events.

Full story...

  • Comment

  • Reports

  • Panorama

  • Mine of the Month

  • Equipment

  • Management in Action