Petra Diamonds Ltd - Director Resignation
17 May 2022 LSE: PDL
(“Petra” or the “Company”)
Director Resignation
Petra today announces that
While Monarch does not currently intend to nominate a director to replace
“On behalf of the Board, I would like to thank Matthew for his contribution to Petra during his tenure as a director and wish him every success in his future endeavours.”
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For further information, please contact:
Petra Diamonds, London Telephone: +44 20 7494 8203
Jill Sherratt investorrelations@petradiamonds.com
About
Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Company’s portfolio incorporates interests in three underground producing mines in
Petra's strategy is to focus on value rather than volume production by optimising recoveries from its high-quality asset base in order to maximise their efficiency and profitability. The Group has a significant resource base of ca. 230 million carats, which supports the potential for long-life operations.
Petra strives to conduct all operations according to the highest ethical standards and only operates in countries which are members of the Kimberley Process. The Company aims to generate tangible value for each of its stakeholders, thereby contributing to the socio-economic development of its host countries and supporting long-term sustainable operations to the benefit of its employees, partners and communities.
Petra is quoted with a premium listing on the Main Market of the
