Petra Diamonds Ltd 2015 AR2
The report highlights Petra Diamonds Limited's performance for the fiscal year 2015, during which diamond production increased by 2% to 3.2 million carats. Despite operational challenges and a weaker diamond market leading to a 10% decrease in revenue to US$425.0 million, the company successfully strengthened its balance sheet through an inaugural US$300 million Notes Issue. Petra also improved its safety performance, reducing its Lost Time Injury Frequency Rate (LTIFR) to 0.29. Additionally, the company announced plans to construct a modern processing plant at the Cullinan mine to optimize diamond recoveries and reduce operating costs.
Company: Petra Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2015
Type: AR2
Pages: 153
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Petra Diamonds Ltd
Annual Report And Accounts
The report highlights Petra Diamonds Limited's performance for the fiscal year 2015, during which diamond production increased by 2% to 3.2 million carats. Despite operational challenges and a weaker diamond market leading to a 10% decrease in revenue to US$425.0 million, the company successfully strengthened its balance sheet through an inaugural US$300 million Notes Issue. Petra also improved its safety performance, reducing its Lost Time Injury Frequency Rate (LTIFR) to 0.29. Additionally, the company announced plans to construct a modern processing plant at the Cullinan mine to optimize diamond recoveries and reduce operating costs.
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Document Details
Report Year
2015
Reporting Period
Jul 1, 2014 - Jun 30, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees