Petra Diamonds Limited has announced the resignation of Jacques Breytenbach as Chief Financial Officer (CFO) and Director of the Company for personal reasons. Jacques will remain in his role to focus on delivering the Company's full-year results and ensuring an effective transition of his responsibilities. The process to identify his successor will commence immediately, and further updates will be provided in due course. Richard Duffy, Petra's Chief Executive Officer, and Varda Shine, Petra's Chair, both expressed gratitude for Jacques' contributions and extended their best wishes for his future endeavors.
Petra Diamonds Limited is a leading independent diamond mining group and a supplier of gem-quality rough diamonds to the international market. The company's portfolio includes interests in three underground mines in South Africa and one open-pit mine in Tanzania. 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 company operates in countries that are members of the Kimberley Process and aims to generate tangible value for its stakeholders, contributing to the socio-economic development of its host countries.
Petra Diamonds is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL'. For further information, interested parties can visit the company's website.