History

1997
Petra becomes the first diamond mining company to list on AIM
1997
Discovery of diamondiferous kimberlites at Alto Cuilo in Angola
1998
Petra wins management contract for state owned Alexkor diamond mine in South Africa - successfully opposing established industry professionals
1999
Petra declares force majeure in Angola due to the outbreak of civil war
1999 – 2001
Petra manages the Alexkor diamond mine and returns the operation to profitability, achieving an excellent economic and operational turnaround
2002
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2003
Petra resumes work at Alto Cuilo
May 2005
Petra merges with ASX listed Crown Diamonds – Crown’s producing mines balance Petra’s strong exploration portfolio
September 2005
Petra acquires Kalahari Diamonds, holder of the largest diamond exploration land holding in Botswana
May 2007
First mini bulk sample results at Alto Cuilo (AC63)
July 2007
Petra completes acquisition of Koffiefontein mine from De Beers
September 2007
Petra reaches agreement to acquire Kimberley Underground mines from De Beers
May 2008
A low level aeromagnetic survey at Luangue in Angola identifies 138 targets, with total surface area in excess of 8,000 ha
May 2008
Koffiefontein achieves US$484 per carat and secures its place as one of the world’s top diamond mines by value
July 2008
Petra completes landmark acquisition of Cullinan, a major diamond producer and the world’s second largest indicated diamond resource by in-situ value and volume
October 2008
39.19 carat blue diamond mined from Cullinan is sold for US$8.8 million
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