Petra Diamonds Limited has announced that it will release its H1 FY 2024 Operating Update for the six months ending 31 December 2023 on Tuesday 16 January 2024. The company's CEO Richard Duffy and CFO Jacques Breytenbach will discuss the operating results with investors and analysts at 9:30am GMT on the day. Access details will be available on the Company's website. Additionally, Petra's management will host a webcast open to all investors via the Investor Meet Company platform on 16 January at 14.30pm GMT. Questions can be submitted ahead of the event via the Investor Meet Company dashboard until 9.00am the day before the meeting or at any time during the call.
Investors who follow Petra on the Investor Meet Company platform will automatically be invited to the event. Others who wish to can sign up to Investor Meet Company free and register to attend the call. Petra Diamonds is a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market. The Company has a diversified portfolio incorporating interests in three underground mines in South Africa and one open pit mine in Tanzania. The Koffiefontein mine is currently on care and maintenance in preparation for sale or closure.
Petra's strategy is to focus on value rather than volume production by optimizing recoveries from its high-quality asset base to maximize efficiency and profitability. The Group has a significant resource base supporting the potential for long-life operations. Petra strives to conduct all operations according to the highest ethical standards and will only operate 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.