Petra Diamonds Ltd - Company Profile
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Petra Diamonds Ltd (Petra Diamonds) is an independent diamond mining company engaged in the extraction and supply of diamonds to the jewelry industry. It operates underground mines in South Africa and an open pit mine in Tanzania, producing a variety of diamonds, including Type II white and blue, yellow, champagne, pink, and smaller size fractions. Mines associated with Petra Diamonds include the Cullinan Mine, known for its exceptional blue diamonds, and the Williamson Mine, famous for its pink diamonds. The company's products are primarily used by jewelers and other entities within the luxury goods sector. The company's geographic operations are centered in South Africa and Tanzania, targeting global markets. Petra Diamonds is headquartered in London, the UK.
Petra Diamonds Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Diamonds | Exploration |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company signed an agreement to sell its entire shareholding in Williamson Diamonds Limited to Pink Diamonds Investments Limited for US$16 million. |
| 2024 | Contracts/Agreements | In May, the company entered into an agreement with Etana Energy to source wheeled renewable energy for its Cullinan and Finsch Diamond Mines. |
| 2024 | Contracts/Agreements | In June, the company signed a five-year wage agreement with the National Union of Mineworkers to provide employees at the diamond miner above-inflation salary increases. |
Competitor Comparison
| Key Parameters | Petra Diamonds Ltd | Rio Tinto | De Beers Group Plc | ALROSA | Firestone Diamonds Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | Botswana | Russia | United Kingdom |
| City | London | London | Gaborone | Moscow | Worthing |
| State/Province | England | Greater London | Gaborone District | Moscow | West Sussex |
| No. of Employees | 1,911 | 59,594 | 21,644 | 21,770 | 163 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Johan Snyman | Chief Financial Officer | Senior Management | 2024 | - |
| Juan Kemp | Joint Chief Executive Officer | Senior Management | 2025 | - |
| Jaison Rajan | Operations Executive - Finsch Diamond Mine | Senior Management | - | - |
| Vivek Gadodia | Joint Chief Executive Officer | Senior Management | 2025 | - |
| Thashmi Doorasamy | Head - Human Resources and Public Affairs | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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