REG-Petra Diamonds: Appointment of Non-Executive Director

Petra DiamondsAnnouncement

09/02/2022 07:05

9 February 2022   LSE: PDL 

Petra Diamonds Limited

("Petra" or the "Company" or the “Group”)

Appointment of Non-Executive Director

Petra Diamonds Limited announces that Jon Dudas has been appointed as an
independent Non-Executive Director of the Company, effective 1 March 2022.

Jon is currently Chairman of Samruk-Kazyna, Kazakhstan’s sovereign wealth
fund, which he joined in 2020. Prior to this, he was independent Non-Executive
Director and Chairman of the National Atomic Company Kazatomprom, whilst an
IPO and LSE/AIX dual listing of the world’s largest natural uranium mining
company was concluded.

Jon was previously at BHP in various roles, including President and Chief
Executive Officer of their global US$5 billion per annum revenue Aluminium
division and as their Group Chief Information Officer, as well as holding
senior business leadership and commercial roles in marketing and business
development.  He has also been Executive Chairman of Worsley Alumina in
Australia and Mozal Aluminium in Mozambique and Non-Executive Director of the
Guinea Alumina Corporation in West Africa.  He has a broad practical base in
mining, commencing in South Africa as a Graduate Mining Engineer with Harmony
Gold Mines, progressing to General Manager of Winkelhaak Gold Mine after
moving to Gencor.  

Jon holds a BSc in Mining Engineering and MSc in Mineral Economics from the
University of Witwatersrand in South Africa, a MBA from Heriot-Watt University
in the UK and a South Africa Mine Manager’s Certificate of Competency. 
Jon, a British and South African citizen, will serve on Petra’s Nomination,
Audit & Risk, Remuneration and Investment Committees.

Peter Hill, Non-Executive Chairman of Petra Diamonds commented:

“I am delighted to welcome Jon to the Petra Board.  Jon has very broad
experience across the mining and resources sectors, in operations, general
management, finance and strategy, and has held Board positions with major
companies, all of which will greatly assist in the strategic development of
the Company.”

~ Ends ~

For further information, please contact:

Petra Diamonds,
London                                        
Telephone: +44 20 7494 8203

Cathy
Malins                                                  
            investorrelations@petradiamonds.com

Jill Sherratt

Julia Stone

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and a supplier of
gem quality rough diamonds to the international market. The Company’s
portfolio incorporates interests in three underground producing mines in South
Africa (Finsch, Cullinan and Koffiefontein) and one open pit mine in Tanzania
(Williamson).

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. 230 million carats, which supports the potential for long-life
operations.

Petra strives to conduct all operations according to the highest ethical
standards and only operates in countries which are members of the Kimberley
Process. The Company aims to generate tangible value for each of its
stakeholders, thereby contributing to the socio-economic development of its
host countries and supporting long-term sustainable operations to the benefit
of its employees, partners and communities.

Petra is quoted with a premium listing on the Main Market of the London Stock
Exchange under the ticker 'PDL'. The Company’s US$336.7 million notes due in
2026 are listed on the Irish Stock Exchange and admitted to trading on the
Global Exchange Market. For more information, visit www.petradiamonds.com.



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