Petra Diamonds Ltd is a diamond mining group. headquartered in Jersey. It has a diversified portfolio, with interests in eight producing mines in South Africa and Tanzania and an exploration programme in Botswana. Petra Diamonds' focus has shifted from exploration to production, becoming one of the largest producers of diamonds in Africa. In June 2012, Petra owns 5 of the 24 of the world's most productive mines historically. These mines include the Cullinan Diamond Mine famed for having produced the world's largest rough and polished diamond.
Petra and its Black Economic Empowerment partners are currently conducting a sales process with regards to the Helam, Sedibeng and Star mines (collectively the 'Fissures Mines') in South Africa.
Petra is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Read more about Petra Diamonds: History, Operations, See Also
Famous quotes containing the word diamonds:
“The prosecution of [Warren] Hastings, though he should escape at last, must have good effect. It will alarm the servants of the Company in India, that they may not always plunder with impunity, but that there may be a retrospect; and it will show them that even bribes of diamonds to the Crown may not secure them from prosecution.”
—Horace Walpole (17171797)