Annual Report and Accounts 2013
Petra Diamonds Limited 15
Performance Review
Strategic Review
Corporate Governance
Group Accounts
Strong and responsible
governance ensure the Company
can identify and mitigate risks,
as well as recognise and
capitalise on opportunities.
Petra is focused on ‘value’ as
opposed to ‘volume’ production
and plans its mining and processing
to capture a mine’s optimal rough
diamond profile.
Petra has set out a transparent
growth path which is expected
to see production rise from
2.67 million carats in FY 2013
to 5 million carats by FY 2019.
Petra’s exceptional growth
profile is expected to deliver
substantially higher revenues
and earnings over time, which
will in turn deliver value
to all stakeholders.
Where we apply it
Increase efficiencies
Petra continues to drive efficiencies across its mines.
Key focus areas are optimisation of ore-handling systems,
initiatives to manage power and water usage and
effective use of labour.
Increase output
Petra is extending the lives of its world-class assets
by opening up new mining areas and delivering access
to undiluted ore.
Optimise recoveries
Ongoing refinements ensure that the Group’s processing
plants are configured to recover the full value spectrum
afforded by a particular orebody. The Company also focuses
on security at each asset.
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