Result of Annual General Meet

RNS Number : 1767Z

Petra Diamonds Ld

10 January 2011

 



Immediate Release

10 January 2011

Petra Diamonds Limited

("Petra" or the "Company")

Result of Annual General Meeting

Petra Diamonds Limited today held its Annual General Meeting ("AGM") and is pleased to confirm that all resolutions proposed to shareholders were duly passed.

Johan Dippenaar, CEO of Petra, gave a presentation at the AGM and this is available on the Company's website: www.petradiamonds.com.

For further information, please contact:

Cathy Roberts	Telephone: [phone]
Petra Diamonds, London	[e-mail]

Bobby Morse / Katharine Sutton	Telephone: [phone]
Buchanan Communications	[e-mail] [e-mail]

Ryan Gaffney / Andrew Chubb	Telephone: [phone]
Canaccord Genuity Limited (NOMAD and Joint Broker)	[e-mail] [e-mail]

Joshua Critchley / Martin Eales	Telephone: [phone]
RBC Capital Markets (Joint Broker)	[e-mail] [e-mail]

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About Petra Diamonds

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company offers a unique growth profile within the diamond sector, with a core objective to double annual production to around two and a half million carats by FY 2014 and more than treble production to over three million carats by FY 2019. Beyond this target, the Group's major resource base of 261 million carats provides scope for further organic growth going forward.

Petra has a well-diversified portfolio, with interests in seven producing mines: six in South Africa (Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson). 

Petra conducts all its operations according to the highest ethical standards and will only work in countries which are members of the Kimberley Process. The Company is quoted on the AIM market of the London Stock Exchange (AIM: PDL). For more information, visit www.petradiamonds.com.

 

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