Petra Diamonds Limited
Annual Report and Accounts 2013
2
Overview
Our Business
A diamond mining group
of global significance
Petra’s development has established
the Company as London’s largest quoted
diamond mining group and its exceptional
growth profile positions the Group
as a unique investment opportunity.
Petra is a first-rate operator of
diamond mining assets, with five
producing mines in South Africa,
one in Tanzania and an exploration
programme in Botswana.
Exceptional growth World-class assets
ROUGH DIAMOND
PRODUCTION
+21%
REVENUE
+27%
PROFIT FROM
MINING ACTIVITY
+34%
ADJUSTED EBITDA
+36%
FY 2013 PERFORMANCE VS FY 2012
A RISING PRODUCTION PROFILE
$
Petra has capitalised on structural changes in the
diamond industry to grow rapidly by acquisition.
$
Group production has increased more than tenfold
from ca. 200,000 carats in FY 2008 to 2.67 million
carats in FY 2013.
$
Petra is now targeting ca. 3.0 million carats in
FY 2014, rising to ca. 5.0 million carats by FY 2019.
OPERATING MINES
$
Petra is focused on Africa, which produces ca. 60%
of the world’s diamonds by value.
$
The Group’s production portfolio incorporates
the full range of kimberlite ‘hardrock’ operations,
combining four underground pipe mines with
one large, high-volume open pit mine and one
low-tonnage, high-grade fissure mine.
$
The Group’s two flagship assets are Finsch and
Cullinan, which together accounted for 86% of Group
production and 73% of Group revenue in FY 2013.
EXPLORATION
$
Petra’s exploration activities are focused in
Botswana, the world’s largest diamond producer
by value and host to two of the world’s most
important diamond mines, Orapa and Jwaneng.
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