Business
Update re the Publication of Report on Williams...
Update re the Publication of Report on Williams....
About this update from Petra Diamonds Limited
[{"type":"text","content":"\n \n \n \n \n 30 March 2021\n \n \n LSE: PDL\n \n \n \n Petra Diamonds Limited\n (“Petra”, “the Company” or “the Group”)\n Update Regarding the Publication of Report on Williamson Mine\n As previously announced, Petra Diamonds Limited has committed to provide feedback on the investigation being carried out by an external advisor, in conjunction with its legal advisors, into the allegations of human rights abuses at the Williamson mine. \n The Company has recently obtained further additional information relating to the allegations which will help with the preparation of its report, and this information is currently being processed by the external adviser. As a result, the Company will defer the publication of its feedback on the independent investigation until this additional work has concluded.\n The Company now anticipates that its report on the investigation will be published around the end of April 2021. \n All of the Company’s announcements released to date regarding the allegations are available on the Company’s website: https://www.petradiamonds.com/our-operations/our-mines/williamson/allegations-of-human-rights-abuses-at-the-williamson-mine/.\n ~ Ends ~\n For further information, please contact:\n \n Petra Diamonds, London Telephone: +44 20 7494 8203\nMarianna Bowes [email protected]\n \n Celicourt Telephone: +44 20 8158 5829\n(PR Adviser)\nPhilip Dennis [email protected]\nJimmy Lea \n About Petra Diamonds Limited\n Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company has a diversified portfolio incorporating interests in three underground producing mines in South Africa (Finsch, Cullinan and Koffiefontein) and one open pit mine in Tanzania (Williamson).\n 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. 243 million carats, which supports the potential for long-life operations.\n Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. T...