Petra manages one of the world’s largest diamond resources of ca. 214 million carats. This major resource implies that the potential mine lives of Petra’s core assets could be considerably longer than the current mine plans in place at each operation, or could support higher production rates.
Key Facts1
Resource: Largest outside the majors
Reserves
Gross Resources1
As at 30 June 2024 the Group’s gross diamond resources (inclusive of reserves) was 213.73 Mcts.
Gross Reserves1
As at 30 June 2024 the Group reported gross diamond reserves of 27.78 Mcts.
Summary of Gross Reserves and Resources1
The following table summarises the gross Reserves and Resources status of the combined Petra Group operations as at 30 June 2024.
| Category | Tonnes (millions) | Grade (cpht) | Contained Diamonds (Mcts) |
|---|---|---|---|
| Reserves | |||
| Proved | – | – | – |
| Probable | 94.5 | 29.4 | 27.78 |
| Sub-total | 94.5 | 29.4 | 27.78 |
| Resources | |||
| Measured | – | – | – |
| Indicated | 290.2 | 49.3 | 143.09 |
| Inferred | 1,160.6 | 6.1 | 70.64 |
| Sub-total | 1,450.7 | 14.7 | 213.73 |
Note 1: Subsequent to the publication of our Resources Statement dated 30 June 2024, Petra completed the sale of its interest in Koffiefontein to Stargems Group in October 2024. As a result, all resources and reserves attributable to Koffiefontein are no longer owned by Petra.
