Petra Diamonds Ltd 2023 AR2
The report outlines Petra Diamonds' financial and operational performance for the fiscal year ended June 30, 2023. Key highlights include a 20% reduction in diamond production to 2.67 million carats and a 42% decrease in revenue to US$325.3 million, primarily due to the suspension of operations at the Williamson mine following a tailings storage facility failure. Despite these challenges, the company successfully reduced its gross debt by US$144.6 million through a tender offer. On the sustainability front, the company committed to a 2030 greenhouse gas reduction target of 35-40% and launched its new Culture Code.
Company: Petra Diamonds Ltd
Sector: Mining & quarrying
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 234
Petra Diamonds Ltd
The report outlines Petra Diamonds' financial and operational performance for the fiscal year ended June 30, 2023. Key highlights include a 20% reduction in diamond production to 2.67 million carats and a 42% decrease in revenue to US$325.3 million, primarily due to the suspension of operations at the Williamson mine following a tailings storage facility failure. Despite these challenges, the company successfully reduced its gross debt by US$144.6 million through a tender offer. On the sustainability front, the company committed to a 2030 greenhouse gas reduction target of 35-40% and launched its new Culture Code.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees