Petra Diamonds Ltd - Update re Williamson TSF wall breach
17 January 2023LSE: PDL
(“Petra”) or the (“Company”)
Update regarding Tailings Storage Facility (TSF) wall breach at Williamson in
In follow up to its announcement of
Impact on the environment and local community
Precautionary measures, detailed in the announcement of
Environmental assessments, with the assistance of independent experts, continue to be carried out by
Since initial estimates announced on
In addition, the vulnerability of affected people is an important consideration and a key component of WDL’s work. Psychosocial support is being provided and once any issues are identified, a mitigation process is implemented.
The evaluation of impacted livelihoods, undertaken by WDL and independent experts, to ensure that affected individuals are appropriately compensated is nearing completion. Once finalised, a report will be submitted to government authorities for approval. Once approval is received, WDL will commence with initial restoration measures (including monetary and in-kind compensation measures).
Alternative agricultural land is being identified to enable farming activities for those affected to recommence as soon as possible and this work is ongoing in keeping with Tanzanian law and international standards for resettlement.
WDL, along with local, regional and national authorities, continues its extensive engagements with local communities to ensure that key stakeholders are kept informed of WDL’s response, including planned remediation activities.
Technical and Production
As announced on
A comprehensive risk assessment is underway at all of the mine’s tailings facilities. Work to identify the best interim tailings storage facility is continuing with external experts from
WDL is considering additional financing options to provide support during this period and is engaging with the Government of
WDL and Petra remain appreciative of the continued cooperation and assistance provided by Government, local authorities, community leadership and affected parties.
Further updates will be provided in due course.
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For further information, please contact:
Petra Diamonds, London Telephone: +44 20 7494 8203
Patrick Pittaway email@example.com
Petra Diamonds is a leading independent diamond mining group and a supplier of gem quality rough diamonds to the international market. The Group’s portfolio incorporates interests in three underground 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 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 Group 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