US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Results of AGM

[A picture containing text, clipart Description automatically generated] 13 November 2024 LSE: PDL Petra Diamonds Limited(Petra or the Company) Results of Annual General Meeting Petra Diamonds Limited announces that, at its Annual General Meeting (AGM) held earlier today, all resolutions set out in the revised Notice of AGM put to the AGM were passed by the requisite majority. The full text of each resolution is contained in the revised Notice of AGM, which is available on the Company's website at https://www.petradiamonds.com/investors/shareholders/meetings/. Each of

Directorate Changes

11 November 2024 LSE: PDL   Petra Diamonds Limited ("Petra” or "the Company")   Directorate Changes   Petra announces that Varda Shine has notified the Company that she will not offer herself for re-election at the Company’s forthcoming Annual General Meeting on 13 November 2024 and will retire from the Board at the conclusion of that meeting.   Varda Shine said:   “I am stepping down from the Board for personal reasons, having indicated last year that I will take on the role of Chair of Petra only for a short period. It has been an honour and a

Q1 FY 2025 operating update and final sales results for Tenders 1 and 2 FY 2025

    22 October 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Q1 FY 2025 operating update and final sales results for Tenders 1 and 2 FY 2025     Richard Duffy, Chief Executive Officer of Petra, commented:   “Following changes to the mine plans announced at our Investor Day, diamond production increased 7% from the previous quarter on the back of solid performances from Cullinan Mine and Williamson, with Finsch transitioning from continuous to a two-shift operation. We recorded 4 LTIs, resulting in our LTIFR rate

Notification of Q1 FY2025 operating update and final sales results for Tenders 1 and 2 FY 2025

    15 October 2024 LSE: PDL   Petra Diamonds Limited   Notification of Q1 FY2025 operating update and final sales results for Tenders 1 and 2 FY 2025     Petra will announce its Q1 2025 Operating Update for the three months ended 30 September 2024 along with final sales results for Tenders 1-2 FY 2025 on 22 October 2024.   Petra’s CEO Richard Duffy and CFO Johan Snyman will host a conference call with investors and analysts at 9:30am BST on the day. Access details will be available on the Company’s website at https://www.petradiamonds.com/

Publication of Revised Notice of Annual General Meeting

14 October 2024 LSE: PDL   Petra Diamonds(Petra or the Company)   Publication of Revised Notice of Annual General Meeting Further to the Company’s announcement on 24 September 2024 of the publication of, amongst other things, Petra’s Notice of Annual General Meeting (AGM) ahead of its AGM to be held at 9:00 a.m. GMT on 13 November 2024, the Company announces that it will seek approval for additional ordinary resolutions at the AGM and it has for that purpose published a revised Notice of AGM (Revised Notice of AGM) on the Company’s website at https://www.

Strategy/Company/Operations Update

    7 October 2024 LSE: PDL   Petra Diamonds Limited (Petra or the Company)   Section 11 consent granted for the sale of Koffiefontein     Further to the announcement made on 8 April 2024, Petra is pleased to announce that unconditional consent in terms of section 11 of the Mineral and Petroleum Resources Development Act, No. 28 of 2002 has been granted for the sale of the entire issued share capital of Blue Diamond Mines (Pty) Ltd to Koffiefontein Holdings (Pty) Ltd, an affiliate of the Stargems Group (S11 consent). Petra anticipates closing this

Director/PDMR Shareholding

  3 October 2024 LSE: PDL   Petra Diamonds Limited(Petra, the Company or the Group) Notification and public disclosure of transactions by Director/PDMR Shareholding The Company was notified on 2 October 2024 of the purchase of shares in the Company by José Manuel Vargas, a Non-Executive Director of Petra Diamonds Limited. Mr Vargas has purchased 915,386 ordinary shares of 0.05 pence each (the Shares) in the Company at an average price of 29.40 pence per Share. As a result of these trades, Mr Vargas now holds 22,115,386 Shares representing approximately 11.39%

Audited Full Year 2024 results

24 September 2024  LSE: PDL Petra Diamonds Limited (“Petra or “the Company”) Audited Full Year 2024 results Enhancing resilience Petra announces its audited Full Year 2024 results for the twelve months ended 30 June 2024 (FY 2024 or Year). Richard Duffy, Chief Executive Officer of Petra, commented: “In FY 2024, Petra demonstrated its agility in responding to a weaker pricing environment by building greater business resilience. Actions taken during the Year reduced planned cash expenditure by US$75 million through deferring capital expansion programmes and sustainably

Publication of 2024 Annual Report and 2024 Sustainability Report and Notice of Annual General Meeting

Publication of 2024 Payments to Governments Report and 2024 Modern Slavery Act Transparency Statement 24 September 2024LSE: PDL   Petra Diamonds(Petra or the Company)   Publication of 2024 Annual Report and 2024 Sustainability Reportand Notice of Annual General Meeting Publication of 2024 Payments to Governments Report and 2024 Modern Slavery Act Transparency Statement Petra announces that its Annual Report and Accounts for the year ended 30 June 2024 (2024 Annual Report) and 2024 Sustainability Report have been published and are available to view on the

Notice of FY 2024 results (audited)

    17 September 2024 LSE: PDL   Petra Diamonds Limited   Notification of audited Full Year 2024 results     Petra will announce its audited Full Year 2024 results for the twelve months ended 30 June 2024 on 24 September 2024.   Petra’s CEO Richard Duffy, CFO Jacques Breytenbach and CFO designate Johan Snyman will host a webcast presentation with investors and analysts at 9:30am BST on the day. Access details will be available on the Company’s website at https://www.petradiamonds.com/investors/financial-calendar/ as well as in the announcement.

Director/PDMR Shareholding

8 August 2024 LSE: PDL Petra Diamonds Limited(Petra, the Company or the Group) Notification and public disclosure of transactions by Directors/PDMR shareholding The Company was notified on 7 August 2024 of the purchase of shares in the Company by Varda Shine, Non-Executive Chair and Richard Duffy, Chief Executive Officer of Petra Diamonds Limited. Ms Shine purchased 32,671 ordinary shares of 0.05 pence each in the Company at an average price of 30 pence per share. As a result of these trades, Ms Shine now holds 57,426 shares in the Company, representing approximately 0.03% of

Postponement of Tender 1 FY25

    06 August 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Postponement of Tender 1 FY25   Richard Duffy, Chief Executive Officer of Petra, commented:   “We have taken the proactive decision to defer the upcoming August/September tender from our South African operations, to support steps taken by major producers to restrict supply in this weaker demand period. Our expectation is that supply discipline, together with the expected seasonally stronger demand as we head towards the festive season, will provide some pricing

Q4 and FY 2024 Operating Update

    16 July 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Q4 and FY 2024 Operating Update   Richard Duffy, Chief Executive Officer of Petra, commented:   “At our recent investor day, we unveiled our plans to demonstrate Petra Diamonds’ enhanced resilience and compelling value proposition. We are focussed on delivering our target of US$30 million in sustainable annual cost savings together with a smoothed capital profile, to generate net free cash from the current financial year onwards. This will allow us to continue to

Notification of Q4 and FY 2024 Operating Update

    9 July 2024 LSE: PDL   Petra Diamonds Limited   Notification of Q4 and FY 2024 Operating Update     Petra will announce its Q4 and FY 2024 Operating Update for the three months and year ending 30 June 2024 on 16 July 2024.   Petra’s CEO Richard Duffy and CFO Jacques Breytenbach will host a conference call with investors and analysts at 9:30am BST on the day. Access details will be available on the Company’s website at https://www.petradiamonds.com/investors/financial-calendar/ as well as in the announcement.   Petra’s management will

Sales results for Tender 7 FY 2024

    04 July 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Sales results for Tender 7 FY 2024   Richard Duffy, Chief Executive Officer of Petra, commented:   “Our seventh tender cycle yielded US$38 million, bringing revenue for FY 2024 to US$366 million, which is 13% higher than FY 2023. Like-for-like[1] prices in this tender cycle were down 3.8% compared to Tender 6 as a result of the continued softness in demand for coarser goods, specifically stones between 1 and 10 carats in size, exacerbated by seasonal weakness. We

Company update and appointment of Chief Financial Officer

    27 June 2024  LSE: PDL     Petra Diamonds Limited (Petra, the Company or the Group)   Company update and appointment of Chief Financial Officer     Petra will be hosting an Investor Day in London today at 14:00 BST.   This will include an overview of revised Life-of-Mine (LOM) plans for Cullinan Mine and Finsch as well as the long-term potential of these assets. We will also provide a brief update on the business, current state of the diamond market, a financial overview of the Company and 5-year guidance. A presentation will be

Notification of Investor Day 2024

    12 June 2024 LSE: PDL   Petra Diamonds Limited (Petra or The Company)   Notification of Investor Day 2024     Petra will host an Investor Day for investors and analysts from 2:00pm to c.5:30pm BST on the 27 June 2024 to present an overview of revised Life-of-Mine plans for Cullinan Mine and Finsch as well as the long-term potential of our assets.   The event will also include an update on the business, current state of the diamond market, a financial overview of the Company and outlook.     The event will be hosted in-person and via

Conclusion of wage agreement with the NUM in South Africa

    10 June 2024  LSE: PDL     Petra Diamonds Limited (Petra, the Company or the Group)   Conclusion of wage agreement with the NUM in South Africa     Petra announces that it has concluded a five-year wage agreement with the National Union of Mineworkers (NUM) covering its South African operations for the period 1 July 2024 to 30 June 2029.   Employees in the A and B Paterson bands will receive an increase to their salaries as set out below:   +----------+------------+------------+------------+------------+------------+|

Entry into long-term Power Purchase Agreements for renewable energy procurement

    23 May 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Entry into long-term Power Purchase Agreements for renewable energy procurement     Petra announces that it has entered into long-term Power Purchase Agreements (PPAs) for the procurement of wheeled renewable energy for its Cullinan and Finsch Diamond Mines from Etana Energy, a licenced South African energy trader. The PPAs will supply each operation between 36-72% of the expected load requirement from FY2026 onwards through utilising the existing electrical grid.

Director/PDMR Shareholding

  20 May 2024 LSE: PDL   Petra Diamonds Limited(Petra, the Company or the Group) Notification and public disclosure of transactions by Director/PDMR Shareholding The Company was notified on 17 May 2024 of the purchase of shares in the Company by José-Manuel Vargas, a Non-Executive Director of Petra Diamonds Limited. Mr Vargas has purchased 1,500,000 ordinary shares of 0.05 pence each (the Shares) in the Company at an average price of 40 pence per Share. As a result of these trades, Mr Vargas now holds 17,000,000 Shares representing approximately 8.75% of the

Sales results for Tender 6 FY 2024

/     17 May 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Sales results for Tender 6 FY 2024     Richard Duffy, Chief Executive Officer of Petra, commented:   “Our sixth tender cycle yielded US$44 million from the sale of 371kcts. Like-for-like[1] prices were marginally down through this seasonally quiet period, being 2.6% lower than Tender 5, with demand slightly muted due to Indian holidays and the continued slow recovery in the Chinese market. We continue to see evidence of stabilisation in the market and are

Q3 FY 2024 Operating Update and Final Sales Results for Tender 5 FY 2024

    16 April 2024  LSE: PDL     Petra Diamonds Limited (Petra or the Company)   Q3 FY 2024 Operating Update and Final Sales Results for Tender 5 FY 2024     Richard Duffy, Chief Executive Officer of Petra, commented:   “Production for the quarter is consistent with the preceding quarter and in-line with expectations. At Finsch, the first of the 78-Level Phase II production tunnels was successfully commissioned in March 2024, with commissioning of the remaining six tunnels expected to be completed by June 2024. We confirm our FY 2024

Notification of Q3 FY 2024 Operating Update

    9 April 2024 LSE: PDL   Petra Diamonds Limited   Notification of Q3 FY 2024 Operating Update     Petra will announce its Q3 FY 2024 Operating Update for the three months ending 31 March 2024 on 16 April 2024.   Petra’s CEO Richard Duffy and CFO Jacques Breytenbach will host a conference call with investors and analysts at 9:30am BST on the day. Access details will be available on the Company’s website at https://www.petradiamonds.com/investors/financial-calendar/ as well as in the announcement.   Petra’s management will also host a

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media