Where is Petra Diamonds located?
Gauteng Province, South Africa
Key Facts
| Location | Gauteng Province, South Africa |
|---|---|
| Acquisition by Petra Diamonds | July 2008 |
| Acquisition cost | ZAR 1bn |
| Ownership | Petra Diamonds Limited: 74%1 Kago Diamonds (Pty) Ltd: 14% Itumeleng Petra Diamonds Employee Trust: 12% |
| Total Resources (inclusive of Reserves) | 152.50 Mcts |
Who is the owner of Petra Diamonds?
Peter Hill
In June 2012, Petra owns 5 of the world’s most productive mines historically….Petra Diamonds.
| Type | Public |
|---|---|
| Headquarters | Jersey |
| Key people | Peter Hill, Chairman Richard Duffy, CEO |
| Production output | 3,700,000 carats (2016) |
| Revenue | US$430.9 million (2016) |
Is Petra Diamonds A Good Investment?
Petra’s sales were also helped by strong sales of ‘exceptional stones’ in 2021. These precious rocks (which are valued at $5m, or above, apiece) accounted for $60.2m of total turnover last year, the highest annual contribution on record.
Is Petra Diamonds listed in JSE?
Petra Diamonds Limited is listed on the London Stock Exchange (LSE) and is not dual listed on the Johannesburg Stock Exchange, as such shares cannot be acquired in Rand in South Africa, but will need to be acquired via the LSE.
Who owns Cullinan mine?
Petra Diamonds
The Premier Mine is an underground diamond mine owned by Petra Diamonds in the town of Cullinan, 40 kilometres (25 mi) east of Pretoria, Gauteng Province, South Africa.
How do I invest in Petra Diamonds?
You can invest your money into the shares of any company officially listed on a recognised stock exchange anywhere in the world. Petra Diamonds holds a premium listing on the Official List of the London Stock Exchange, therefore you are able to hold Petra shares in a Stocks and Shares ISA.
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