Petra Diamonds Limited
LON:PDL ISIN:BMG702781094
Petra is a diamond mining group focused on the exploration and mining of diamonds in Africa. Petra's strategy is to build a portfolio of revenue producing and exploration assets, achieving the objective of becoming a successful mid-tier diamond producer and explorer. Petra has operations in Angola, South Africa and Sierra Leone. Quoted on London's Alternative Investment Market (AIM), Petra is well placed to achieve spectacular results from the increasingly robust market for diamonds. The recent merger with ASX-listed Crown Diamonds creates a new force in the diamond industry, building shareholder value through exploration and production expertise.
News
Petra Diamonds Limited (ASX: PDL) announces that it has entered into a joint
venture agreement ('Luangue JVA') with BHP Billiton to develop the Luangue diamond project ('Project Luangue') in north eastern Angola.
Petra Diamonds Limited ('Petra' or 'the Group') announces the completion of the acquisition of the Koffiefontein mine and associated assets ('Koffiefontein') from De Beers Consolidated Mines Limited ('De Beers').
Petra Diamonds Limited ('Petra' or 'the Group') announces an update with regards
to the Koffiefontein mine and associated assets ('Koffiefontein').
Petra Diamonds Limited ('Petra' or 'the Company') announces encouraging first results from the mini bulk sampling ('MBS') campaign at Project Alto Cuilo ('Alto Cuilo' or 'the Project') in Angola.
RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), yesterday held its inaugural diamond conference in London. The conference brought together senior executives from industry-leading exploration and mining companies including De Beers, Aber Diamonds (owner of Harry Winston), Rio Tinto, BHP Billiton and Petra Diamonds.
Petra Diamonds Limited ("Petra" or "the Company"), the AIM-quoted and ASX-listed diamond group, announces that further to the announcement of 18 December 2006, the South African Department of Minerals and Energy ("DME") has now granted the mining right to its wholly owned subsidiary, Blue Diamond Mines (Pty) Limited ("BDM") in respect of the Koffiefontein diamond mine ("Koffiefontein"), South Africa.
Petra Diamonds Limited the AIM-quoted and ASX-listed diamond group, announces that it has applied to ASX under Listing Rule 17.11 for Petra to be removed from the ASX official list.
Petra Diamonds Limited ("Petra" or "the Company" or "the Group"), the AIM-quoted and ASX-listed diamond mining group, announces the issue of a US$20 million unsecured, interest free convertible bond ("the Convertible") as well as the grant of accompanying warrants over 2 million Petra shares ("the Warrant"), both convertible or exercisable at an exercise price of 130 pence per Petra share.
Petra Diamonds Limited (ASX: PDL), the AIM-quoted and ASX-listed diamond mining group, announces that the 67.1 carat diamond recovered from its South Africa operations in March 2006 was sold yesterday for an amount of US$704,265, equivalent to US$10,496 per carat.
Petra Diamonds Limited (ASX: PDL)('Petra' or 'the Company'), the AIM-quoted and ASX-listed diamond mining group, announces an update with regards to the Alto Cuilo project ('Alto Cuilo') in north-eastern Angola.
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