SUSTAINABLE DEVELOPMENT REPORT 2009
  1. Scope of this report
  2. Key features of 2009
  3. Corporate profile
  4. Sustainability principles
  5. Letter from the CEO
  6. Governance
  7. Economic performance
  8. Social performance
  9. Environmental performance
  10. GRI reporting index
  11. Mining Charter reporting index
  12. Glossary of terms and acronyms

Corporate profile

Cullinan mine at sunrise

Petra is a leading supplier of rough diamonds. A number of acquisitions have established Petra as one of the world’s largest independent diamond groups by resources, with a total resource base of 262 million carats. Petra’s annual production rose fivefold in the year to June 2009 to over one million carats and the Company’s objective is to continue to increase supply and develop its stature as a world-class diamond group.

  1. In South Africa, Petra has interests in five producing mines – Cullinan, Koffiefontein, Helam, Sedibeng and Star – and has also agreed to acquire, from De Beers, the Kimberley Underground mines.
  2. In Tanzania, Petra has an interest in the Williamson mine.

The Group has corporate offices in London, Jersey and Johannesburg.

World-class mining assets

1. South Africa

Map of South Africa indicating location of operations Cullinan Mine

Cullinan (37% interest)

  • Underground kimberlite pipe mine, currently at depth of 747 metres
  • World’s second largest resource of 204.6 million carats (including tailings)
  • Production ramp up to over 1 million carats per annum in FY 2010
  • 10-year expansion plan to gradually increase annual production to 2.6 million carats
  • Employed 918 people (835 employees and 83 contractors) in 2009
  • Partners: Thembinkosi Mining Investment (Pty) Ltd: 14%, Petra Diamonds Employee Share Trust: 12%
  • Source of spectacular diamonds, including the ‘Cullinan’ (world’s largest at 3,106 carats) - only reliable source of very rare and valuable blue diamonds
Koffiefontein

Koffiefontein (70% interest)

  • Underground kimberlite pipe mine currently at depth of 490 metres
  • Resource of 6.0 million carats
  • Five-year plan to increase production to in excess of 110,000 carats
  • Employed 464 people (464 employees, no contractors) in 2009
  • Partner: BEE entity Re-Teng Diamonds (Pty) Ltd (30%)
  • One of the world’s top kimberlite diamond mines by average value per carat - produces exceptional white and coloured diamonds, particularly pinks
Kimberley Underground

Kimberley Underground (74% interest once acquisition completes)

  • Asset comprises three kimberlite pipes in close proximity: Bultfontein, Dutoitspan and Wesselton
  • Historic source of large diamonds and fancy yellows
  • Underground kimberlite mines between 845 metres and 995 metres deep
  • Resource of 6.9 million carats
  • Employed 375 people (375 employees, no contractors) in 2009
  • Initial production of approx. 100,000 carats in the first full year, increasing to 180,000 carats in the second year
Fissure mines

Fissure mines – Sedibeng (74.5% interest, Helam and Star (100%):

  • Underground kimberlite fissure mines between 600 and 750 metres deep
  • Petra is world leader in specialist underground kimberlite fissure mining
  • Resource of 4.7 million carats
  • Employed 1,154 people (1,149 employees, 5 contractors) in 2009
  • Plan to take production to in excess of 120,000 carats per annum
  • Partner in Sedibeng (Sedibeng Mining (Pty) Ltd and Bokone Properties (Pty) Ltd (25.5%)
  • Regularly produce exceptional white diamonds

2. Tanzania

Williamson

Williamson (75% interest)

  • World’s largest economic kimberlite by surface area at 146 hectares in size
  • Opencast operation at 90 metres (deepest point)
  • Major resource of 40 million carats
  • Employed 1,146 people (622 employees, 524 contractors) in 2009
  • Feasibility study currently underway – plan to build up operation to 600,000 carats per annum
  • Partner: Government of the United Republic of Tanzania (25%)

Employees (%)

Employees (%)

Petra conducts all its operations according to the highest ethical standards, and will only work in countries which are members of the Kimberley Process.

No awards were received in the 2009 financial year.

The Company is quoted on the AIM market of the London Stock Exchange (AIM: PDL).

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GRI indicators
covered on this page:

Organisational profile
2.1
Name of organisation
2.2
Primary brands, products and services
2.4
Location of headquarters
2.5
Countries of operations
2.6
Nature of ownership and legal form

Petra employed 4,099 people, 3,487 employees and 612 contractors.

Petra Diamonds Limited

November 2009 | Sustainable Development Report 2009