We believe that Earth’s rare and precious legacy can, through responsible mining, create abundant outcomes for our people, communities, investors, customers and all other stakeholders in giving expression to life’s special moments.
Our significant resource base supports extension opportunities well beyond current mine plans, with further potential to mine ore at depth
Cullinan Mine is a world class asset which produces some of the world’s most iconic diamonds
Well positioned to benefit from market recovery
Debt and interest payment optimisation is a priority
Focused strategy to maximise value, grow the business and deliver returns to shareholders
Capital allocation policy which balances the profitability and growth of the Company with broader stakeholder returns
Smoothed capital profile
Mining and processing costs reduced through rebasing assets whilst maintaining delivery on production targets
Tender sale flexibility to maximise price opportunity
People
Safety is our number one priority
Planet
2030 GHG emissions reductions target for Scope 1 and 2 emissions of 35-40%
Partnerships
100% of procurement spend with local suppliers in South Africa; and Tanzania
Production
Operating Model focused on cash generation
CY 2025 has seen a visible increase in investment and marketing campaigns of natural diamonds
Clients increasingly interested in provenance and Petra’s goods are considered a brand
Demand from growing middle classes in emerging markets expected to increase, supporting market dynamics