Annual Report and Accounts 2013
Petra Diamonds Limited 25
Overview
Performance Review
Strategic Review
Sustainability
Corporate Governance
Group Accounts
Our commitment to invest in our mines enables
Petra to have a clear roadmap to 5 Mctpa
by FY 2019.
$
Growth profile focuses on brownfield expansion –
strategy to recapitalise existing mines.
$
Fully financed Capex profile using treasury,
cashflows and debt facilities.
2013
Total
Capex
Our Commitment
5
WILLIAMSON
US$11.7m
$
Expansion Capex of US$8.4 million and sustaining Capex
of US$3.3 million
$
Expansion plan to increase production from ca. 160,000 ctpa
to ca. 300,000 ctpa by FY 2017
1
CULLINAN
US$89.0m
$
Expansion Capex of US$64.0 million, sustaining Capex of
US$17.2 million and borrowing costs capitalised of US$7.8 million
$
Expansion plan to increase production from ca. 870,000 ctpa
to ca. 2.2 Mctpa by FY 2019 (underground and tailings)
2
FINSCH
US$48.6m
$
Expansion Capex of US$33.5 million, sustaining Capex of
US$10.6 million and borrowing costs capitalised of US$4.5 million
$
Expansion plan to increase production from 1.4 Mctpa to
ca. 1.8 Mctpa by FY 2016 and to ca. 2.0 Mctpa by FY 2019
(underground and tailings)
3
KOFFIEFONTEIN
US$20.4m
$
Expansion Capex of US$10.9 million and sustaining
Capex of US$9.5 million
$
Expansion plan to increase production from 34,800 ctpa
to ca. 105,000 ctpa by FY 2017 (underground only)
4
KIMBERLEY UNDERGROUND
US$21.6m
$
Expansion Capex of US$17.6 million and sustaining Capex
of US$4.0 million
$
Expansion plan to increase production from ca. 115,000 ctpa
to ca. 130,000 ctpa by FY 2016
4
5
1
2
3
FY
2013
Capex per operation:
1...,17,18,19,20,21,22,23,24,25,26 28,29,30,31,32,33,34,35,36,37,...142