REG-Petra Diamonds: First Tender of Williamson Goods post Restart of Ops

Petra DiamondsAnnouncement

16/11/2021 15:35

16 November 2021   LSE: PDL 

Petra Diamonds Limited

("Petra" or the "Company")

First Tender of Williamson Goods post Restart of Operations

32.32 carat Pink Diamond included in the Tender

Petra Diamonds Limited announces that the first tender of rough diamonds from
the Williamson mine in Tanzania, post the restart of operations, will be
taking place in Antwerp from Friday 19 to Friday 26 November 2021.

The mine was placed on care and maintenance in April 2020 in order to preserve
its liquidity, at a time when diamond pricing was impacted by the COVID-19
pandemic, and operations recommenced in Q1 FY 2022.

A parcel of ca. 26,000 carats is available for sale and includes a 32.32 carat
pink stone of exceptional colour and clarity.

Appointments to participate in the tender can be made by contacting:
* Greg Stephenson, Group Head of Sales and Marketing
* Tel: +27 836 379 849
* Email: diamondsales@petradiamonds.com
A photo of the 32.32 carat diamond can be viewed at:
www.petradiamonds.com/media/image-library/diamonds.

~ Ends ~

For further information, please contact:

Petra Diamonds,
London                                        
Telephone: +44 20 7494 8203

Cathy
Malins                                                              
investorrelations@petradiamonds.com

Marianna Bowes 
                                                      

Des Kilalea

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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