Petra Diamonds is a diamond mining group focused on the exploration and mining of diamonds in Africa. Petra’s strategy is to build a portfolio of producing mines together with a world class exploration base, achieving the objective of becoming a successful mid-tier diamond producer and explorer.
Quoted on AIM and listed on the ASX, Petra Diamonds is well placed to achieve spectacular results from the robust market for diamonds. The merger in May 2005 with ASX-listed Crown Diamonds created a new force in the diamond industry, building a mid-tier diamond group with strong exploration and production expertise.
The subsequent acquisition of Kalahari Diamonds in September 2005 brought another world class exploration asset to the group.