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Interim Results (6 Months to 31 December 2011) February 2012
Important Notice
These Presentation Materials do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for
any offer to buy or subscribe for any securities in the Company nor shall they or any part of them form the basis of or be relied
upon in any manner or for any purpose whatsoever.
These Presentation Materials must not be used or relied upon for the purpose of making any investment decision or engaging in
an investment activity and any decision in connection with a purchase of shares in the Company must be made solely on the
basis of the publicly available information. Accordingly, neither the Company nor its directors makes any representation or
warranty in respect of the contents of the Presentation Materials.
The information contained in the Presentation Materials is subject to amendment, revision and updating in any way without notice
or liability to any party. The presentation materials contain forward-looking statements which involve risk and uncertainties and
actual results and developments may differ materially from those expressed or implied by these statements depending on a
variety of factors. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the
information or opinions contained herein, which have not been independently verified.
The delivery of these Presentation Materials shall not at any time or in any circumstance create any implication that there has
been no adverse change, or any event reasonably likely to involve any adverse change, in the condition (financial or otherwise) of
the Company since the date of these Presentation Materials.
The Presentation Materials are confidential and being supplied to you for your own information and may not be reproduced,
further distributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (except the recipient’s
professional advisers) or published, in whole or in part, for any purpose whatsoever. The Presentation Materials may not be used
for the purpose of an offer or solicitation to subscribe for securities by anyone in any jurisdiction.
2
Overview
3
Main Factors Affecting H1 Positive Outlook for H2
• A weaker diamond market – rough diamond prices
fell from July highs, causing revenue to be
~US$23.0m lower (as previously stated in Main
Market step-up prospectus)
• Diamond market stabilised end November
• Prices were slightly stronger at Petra’s 1st tender in
2012, with US$44m generated on sales of
~300,000 carats
• Lower sales due to xmas holiday period and lock-
up of initial Finsch production
• Production and sales expected to be substantially
higher in H2 further to:
• release of inventory
• full 6 months Finsch production and
increased production across the Group
• Exceptional financial items:
• weaker Rand (R8.13 vs R6.84) resulted in
US$35.7m unrealised forex loss in H1
• once-off transaction costs of US$2.7m
Jul Jun Dec Feb Nov Sep Aug Mar Jan Apr May Oct Jun
H1 H2
Petra Typical Tender Sales Cycle
1 2 3 4 5 6 7 8
Summary Results
4
6 months to 31
December 2011
(US$m)
6 months to 31
December 2010
(US$m)
Year ended 30
June 2011
(US$m)
Revenue 101.4 90.0 220.6
Mining and processing costs (72.1) (66.8) (146.9)
Other direct income 1.4 1.3 2.7
Profit from mining activity* 30.7 24.5 76.4
Exploration expense (0.8) (0.4) (1.3)
Corporate overhead (4.9) (3.9) (8.0)
Adjusted EBITDA* 25.0 20.2 67.1
Transaction costs (2.7) - -
Net impairment charges and reversals - - 6.5
Depreciation (18.7) (10.1) (22.4)
Share based payment expense (0.6) (1.0) (1.9)
Net unrealised foreign exchange (loss) / gain (35.7) 20.9 18.6
Net finance income / (expense)* 0.9 (3.2) (3.5)
Tax credit / (expense) / credit 5.1 (2.3) (5.2)
Net (loss) / profit after tax – Group* (26.7) 24.5 59.2
Basic (loss) / profit per share attributable to the equity holders of the Company – US$
cents* (5.23) 6.79 12.83
Adjusted basic earnings per share attributable to equity holders of the Company before
unrealised forex movements & once off transaction costs – US$ cents* 2.46 0.86 8.41
* Refer to announcement dated 28 February 2012 for detailed notes
Highlights
Operations:
• Production up 64% to 953,553 carats (H1 FY 2011: 582,102 carats)
• Cash operating unit costs well controlled despite inflationary pressures
• Capex of US$56.7 million (H1 FY 2011 US$47.7 million)
Corporate:
• Successful step-up from AIM to the Main Market of the London Stock Exchange
• Petra to increase its interests in its various SA operations by acquiring 49.24% effective
interest in main BEE partner Sedibeng Mining
• Appointment of Dr Patrick Bartlett and Gordon Hamilton as independent NEDs
• Completion of Finsch acquisition for R1.425 billion (ca. US$192 million)
• US$48 million debt facilities put in place with Rand Merchant Bank (“RMB”)
Health & Safety
• Group lost time injury frequency rate (“LTIFR”) of 0.91 (H1 FY 2011: 0.64)
• Regrettably a fatality occurred at Kimberley Underground on 22 January 2012
• Petra striving for zero harm across all its operations
5
Operating Cashflow
6
H1
FY 2012
(US$m)
H1
FY 2011
(US$m)
FY 2011
(US$m)
(Loss) / profit before tax (31.8) 26.8 64.4
Adjusted for non cashflow items 53.5 (5.9) 3.6
Cash generated before working capital changes 21.7 20.9 68.0
Increase in net working capital (23.0) (8.1) (15.8)
Cash (utilised in) / generated from operations (1.3) 12.8 52.2
Finance expense and taxation (2.3) (0.9) (1.6)
Net cash (utilised in) / generated from operating activities (3.6) 11.9 50.6
Balance Sheet Snapshot
31 Dec 2011
(US$m)
31 Dec 2010
(US$m)
Cash and cash equivalents:
Bank 45.1 20.8
Diamond inventories 38.1 20.2
Total 83.2 41.0
Loans, borrowings and deferred consideration:
IFC / RMB Debt Facilities (ca. US$83m in total)* (70.5) (54.1)
RMB Debt Facility (ca. US$48m in total)** undrawn n/a
Deferred Cullinan consideration (repayable on or before 31 March
2012)***
(6.0) (32.9)
Other loans and borrowings - (3.0)
BEE loans due to Petra 110.0 68.0
Net loans due to Petra / (net debt) 33.5 (22.0)
7
* IFC interest charged at US$ 6 month LIBOR + 4.5%; RMB interest charged at South African 3 month JIBAR +4.5%
** Interest charged at South African 3 month JIBAR +2.5% for Revolving Credit Facility portion of US$36m and +2.4% for Working Capital Facility portion of US$12m
*** Interest charged at 7% per annum post 31 Dec 2011
H1 FY 2012 – Operations
Operation Cullinan Finsch Koffiefontein Kimberley
Underground
Fissures Williamson
H1 FY
2012
H1 FY
2011
H1 FY
2012
H1 FY
2011
H1 FY
2012
H1 FY
2011
H1 FY
2012
H1 FY
2011
H1 FY
2012
H1 FY
2011
H1 FY
2012
H1 FY
2011
Total Production
Tonnes treated (Mt) 1,595,461 1,450,150 1,432,805 n/a 759,590 802,446 287,187 176,527 92,031 121,366 59,774 254,648
Diamonds recovered
(carats) 444,040 468,056 414,563 n/a 21,538 34,500 34,751 24,988 36,074 43,710 2,587 10,847
Sales
Revenue (US$M) 48.6 57.8 28.3 n/a 6.5 17.2 8.1 4.9 8.4 7.9 1.5 2.0
Diamonds sold (carats) 379,894 481,049 219,408 n/a 15,196 36,669 26,395 17,271 32,835 41,522 5,044 7,722
Average price per carat
(US$) 128 120 129 n/a 426 470 308 285 255 192 298 264
Costs
On-mine cash cost per
tonne treated (ZAR) 173 162 138 n/a 118 103 208 223 1,013 619 n/a n/a
Capex
Capex (US$M) 21.1 12.9 1.4 n/a 4.8 4.2 2.5 2.1 1.6 4.6 17.5 16.4
8
• SA Costs generally well controlled despite inflationary pressures – core focus for Petra
• Costs at Finsch in line with initial expectations
• Fissures adversely affected by low production volumes
• Cost break-down for Williamson n/a as costs capitalised during the plant rebuild project
• Group Capex of US$56.7m reflects acceleration of development programmes; incls. US$8.4m incurred at Group projects division
Production & Revenue – H1 2011 vs H1 2012
Diamonds Sold
H1 2011: 584,234 carats
Gross Revenue
H1 2011: US$90 million
83%
6%
7%3%
1%
H1 2012: 678,772 carats H1 2012: US$101.4 million Fissure Mines
Kimberley
Underground
Koffiefontein
Williamson
Cullinan
Finsch
9
64%
19%
9%
6%
2%
56%
2%
32%
5%
1%
4%
49%
6%
28%
8%
1%
8%
Diamond Market Fundamentals
10
Source: Deutsche Bank / Alrosa, April 2011 Source: RBC Capital Markets, February 2012
• Many of the world’s major diamond mines are in decline and cannot maintain previous output
• No new important discoveries since the finds in Canada in the early 1990’s
• Petra’s strategy is to focus on extending lives of existing major kimberlite mines
• Strong demand drivers going forward, particularly from emerging markets
• Tiffany & Co and Swatch both reported to be investigating means to secure supply
Significant supply/demand deficit forecast to emerge Production forecast to remain relatively flat
5
7
9
11
13
15
17
19
21
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
US
$bn
Supply in 2008 Prices Demand
0
20
40
60
80
100
120
140
160
180
200
2006A
2007A
2008A
2009A
2010A
2011E
2012E
2013E
2014E
2015E
2016E
2017E
2018E
2019E
Ct m
m
Global Rough Diamond Production
Late Cycle Play
And ever increasing corporate
activity….
• Anglo American – to buy
Oppenheimer’s stake in De
Beers; presentation notes “highly
attractive industry fundamentals
with late cycle exposure”
• Alrosa - no firm decision taken
but considering an IPO in 2012-
2014
• Chow Tai Fook – leading
Chinese diamond retailer raised
US$2 billion in Hong Kong IPO –
plans to increase stores in Asia
from 1,300 to 2,000 by 2016
• Graff Diamonds – preparing to
raise up to US$1 billion in Hong
Kong IPO to expand in Asia
(Financial Times – 17 Feb 2012)
11
Per capita consumption of key commodities: China relative to the US “steady state”
Diamond Market Performance – 2011
• De Beers estimates global diamond jewellery market
grew by +11% – 13%
• Major US market grew by ~8%
• China (+~30%) and India (+10% – 15%) continued
exceptional growth
• Far East (China, Hong Kong, Taiwan, India and the Gulf)
expected to account for +40% of global demand by 2016
12
Source: De Beers Group Strategy
Production (mm carats) 2008 2009 2010 2011
De Beers 48.1 24.6 33.0 31.3
Alrosa 36.9 32.8 34.3 34.5E
Rio Tinto 20.8 14.0 13.8 11.7
BHP Billiton 3.3 3.2 3.1 2.5
Kimberley Process
Statistics Global Production
163.9 120.2 128.3 tbc
Global Demand Growth
Majors Production Flat or Declining
Consumer Demand Forecasts 2011 & 2016 (US$ PWP)
India 10%
Hong Kong 2%
Gulf 7%
Turkey 2%
RoW 18%
Taiw an 2%
China 11%
Japan 10%
USA 38%
India 15%
Hong Kong 2%
Gulf 6%
Turkey 2%
RoW 15%
Taiw an 2%
China 16%
Japan 8%
USA 34%
2011
2016
Rough Diamond Prices
• Global economic uncertainty caused prices to fall from
June 2011 highs
• Rand weakness partially offset lower pricing during the
Period (South African production)
• Market stabilised in late H1; Petra expects trend to
continue but some volatility could be experienced
• First tender in H2 achieved US$44.4 million on sale of
306,149 carats
13
Petra Average Rough Diamond Prices*
Mine
H1 FY 2012
Actual
(US$)
Original
guidance FY
2012
(US$)
FY 2011
Actual
(US$)
FY 2010
Actual
(US$)
Cullinan 128 163 148
141
(101 excl.
Cullinan
Heritage)
Finsch 129 155 n/a n/a
Koffiefontein 426 549 564 402
Kimberley
Underground 308 325 333 n/a
Fissures 255 271 244 185
Williamson 298
(alluvials)
230
(ROM –
medium term)
302 157
* Prices given are the average of ROM and tailings as Petra tenders mine
production on a mixed parcel basis
RBC Capital Markets – Rough Diamond Price Index
50
70
90
110
130
150
170
190
210
01/0
6/2
001
01/0
6/2
002
01/0
6/2
003
01/0
6/2
004
01/0
6/2
005
01/0
6/2
006
01/0
6/2
007
01/0
6/2
008
01/0
6/2
009
01/0
6/2
010
01/0
9/2
010
01/1
2/2
010
01/0
6/2
011
01/1
0/2
011
01/1
2/2
011
01/0
1/2
012
June 2
001 =
100
Rough Price Index – Jan 2012
Cullinan – Development Programme Update
14
Cullinan Mining Schematic
BA5
Rock Shaft
Men & Material
Shaft
Current Shaft Bottom
580 Level
630m Level
AUC South and
BAW Phase 1
BB1E
830m Level
1073m base of Resource
(open ended at depth)
930m Shaft Bottom
Current Infrastructure
Planned Infrastructure
C-CUT
Phase 1
200 0 metres
Current extent of South Decline
16Ha @ 830 Level
Loading Level
880m Shaft Bottom
Current Shaft Bottom 805 Level
732m Level
Expansion Plan – to deliver
2.0 Mctpa ROM & 0.4 Mctpa
tailings by FY 2019
• South Decline to establish
production at 830m and then
on to bottom of new shaft at
930m – end FY 2012
• Approval of additional North
Decline to create further
access to 830m production
level - commencing H2 FY
2012
• Contract for shaft deepening
& related infrastructure
awarded
• Shaft deepening from 580m
to 930m to replace the
current conveyor belt ore-
handling system – mid FY
2015
• Production from new cave –
FY 2015
• Upgrading and streamlining
of plant facilities in order to
treat 4Mt underground & 4Mt
tailings – from FY 2015, 4
year ongoing programme
Proposed North Decline
Vent
Shaft Production
Shaft
630m Level 670m Level
770m Level
Shaft Bottom
825m
880m
Block Cave
950m Decline to 880m
SLC Conveyor
Ore Handling
Sub level Cave
Block 4 Pillars
Block 4
Remaining
Block 5
Not in
current
mine plan
Precursor
SLC
Finsch – Development Programme Update
15
Kimberlite Footprint @880m Level:
Main pipe: 3.7ha
Precursors: 1.5ha
Finsch Mining Schematic
Current Infrastructure
Planned Infrastructure
Expansion Plan – to deliver
production of 1.6 Mctpa ROM
& 0.3 Mctpa tailings by FY
2018
• Mining currently taking place
in Block 4 at 630m – FY
2012
• Treatment of Pre 1979
Tailings – until FY 2015
• Development of Sub Level
Cave across 2/3 orebody
footprint at ~770m – FY 2013
• Production from Block 5 at
880m – FY 2014 onwards
• Deepening of shaft to 950m
and ore-handling
infrastructure on 880m Level
– End FY 2015
• Treatment of Post 1979
Tailings – FY 2015 to FY
2020
• Ramp up ROM to 3.5 Mpta –
FY 2018 880m base of Resource (open ended at depth)
Production & Revenue – FY 2011 & Estimated FY 2019
Gross Revenue Gross Production
FY 2011: 1.1 million carats
FY 2019: 5.4 million carats
FY 2011: US$221 million
FY 2019: ca.US$1.3 billion*
* Calculated using a 4% real price increase FY 2019 figures are management estimates 16
Cullinan 0.9
Williamson 0.6
Koffiefontein 0.05
Kimberley 0.2
Fissures 0.08
Cullinan 2.4
Fissures 0.1
Williamson 0.03
Koffiefontein 0.1
Kimberley 0.06
Finsch 1.9
Cullinan 140.2 Koffiefontein 30.8
Fissures 21.8
Williamson 9.5
Kimberley 18.2
Cullinan 489
Williamson 179 Koffiefontein 85
Kimberley 70
Fissure 52
Finsch 419
Outlook
17
Operations
• H2 production expected to be significantly higher than H1, mainly due to inclusion of Finsch production for full
6 month period
• All expansion programmes on target to deliver +2 Mctpa in FY 2012 & +5 Mctpa by FY 2019
• Focus remains on:
• cost control and increased production in H2 will assist in improving unit costs
• execution of capital expansion programmes
Sales
• Sales to be substantially higher in H2 set against same fixed cost structure
Corporate
• Main Market listing & FTSE 250 inclusion will see increased profile & IR activity
• Objective to further broaden Petra’s shareholder base & commencement of marketing in Asia
Market
• Some short-term volatility due to current global uncertainty but long-term fundamentals remain firmly in place
• Petra’s strong production growth will maximise leverage to anticipated supply deficit
Expected FTSE Index Ranking (as at 23 Feb 2012)
Index review scheduled for 7 March; changes to Index implemented Monday 19 March 2012
18
FTSE All Share FTSE 350 Mining Index
Size Rank Name Mkt Cap (mm)
1 BHP Billiton £123,693
2 Rio Tinto £72,307
3 Xstrata £36,021
4 Anglo American £35,771
5 Glencore International £30,363
6 Fresnillo £13,310
7 Antofagasta £13,270
8 ENRC £9,433
9 Randgold Resources £6,866
10 Kazakhmys £6,126
…
15 Bumi £1,855
16 Hochschild Mining £1,729
17 Kenmare Resources £1,417
18 Petropavlovsk £1,410
19 New World Resources £1,385
20 Centamin £1,035
21 Petra Diamonds £781
22 Aquarius Platinum £682
23 Anglo Pacific Group £355
24 Gem Diamonds £347
25 Allied Gold £246
Size Rank Name
Mkt Cap
(mm)(1)
231 Home Retail Group £846
232 Chemring Group £839
233 SVG Capital £823
234 Bluecrest Allblue Fund £818
235 Premier Farnell £811
236 Berendsen £809
237 Atkins £803
238 HICL Infrastructure £795
239 Senior £790
240 Petra Diamonds £781
241 Beazley £769
242 Elementis £750
243 Cable & Wireless £748
244 Bodycote £746
245 Yule Catto & Co £743
246 Howden Joinery £742
247 Genus £740
248 Micro Focus International £736
249 Domino Printing Sciences £736
Sources: ProQuote and Bloomberg
(1) In line with FTSE calculations, and to provide an accurate ranking, market caps in the FTSE All Share table are based only on LSE traded shares
Thank You
Finsch mine, South Africa
Discover Petra Diamonds
• London’s largest quoted pure diamond mining group – ‘LSE: PDL’
• Provides direct exposure to the positive long term fundamentals of the diamond market
• December 2011 – stepped up from AIM to the Main Market of the London Stock Exchange
• March 2012 – expected to enter the FTSE 250 Index
• Exceptional growth – objective to increase production to over 5 million carats by FY 2019
FY 2007 FY 2011
Gross Resources 9 million carats 300 million carats
Production ~180,000 carats 1.1 million carats
Gross Revenue US$17.0 million US$220.6 million
On Mine EBITDA US$1.3 million US$76.4 million
20
Capital Structure
21
High Quality Shareholder Base 24 Feb 2012
Al Rajhi Holdings W.W.L. 13.3%
Saad Investments Company Ltd/AWAL Bank 12.1%
JP Morgan Asset Management Holdings Inc. 7.9%
Capital Group International, Inc. 7.3%
Scottish Widows Investment Partnership 5.0%
T. Rowe Price 5.0%
BlackRock Investment (UK) Limited 4.2%
M&G Investments 3.6%
Kames Capital 3.3%
Ignis Investment Services Limited 3.0%
Directors 2.8%
Listing LSE: PDL
Average daily trading volume
(shares) – YTD
0.75m
Shares in issue 501m
Free float 72.0%
Market cap @ 152p (24 Feb
2012)
£762m
Share Price Chart (1 year)
An Exceptional Growth Path
22
Cullinan
July 2008
74% Petra 26% BEE Partners
Block Cave
16yr Mine Plan
+50yr Potential Life
Williamson
November 2008
75% Petra 25% Government of
Tanzania
Open Pit
17yr Mine Plan
+50yr Potential Life
Kimberley UG
May 2010
74% Petra 26% BEE Partners
Block Cave
11yr Mine Plan
+12yr Potential Life
Finsch
74% Petra 26% BEE Partners
Block Cave
18yr Mine Plan
+25yr Potential Life
Koffiefontein
July 2007
74% Petra 26% BEE Partners
Front Cave
14yr Mine Plan
+20yr Potential Life
September 2011
Successful track record:
• Focus on efficiencies: right-size operation, restructure cost base & empower management
• Industry leading team utilises in-house capabilities to execute capex programmes
• Focus on ‘value’ as opposed to ‘volume’ production; optimise plant processing & security to
ensure recovery of full spectrum of diamonds
• Achieve best rough diamond prices through open tender system
Aim Of Expansion Programmes – Undiluted Ore
23
Virgin kimberlite ore
Production level
Undercut
level
Drawpoints
Loaders
Haulage
Undiluted
ore
Schematic - block cave mining method
• Current mining at underground
pipe mines taking place in
diluted mature caves and low
grade remnants
• Expansion programmes will
open up fresh block caves,
delivering undiluted ore in
higher grade areas
• Substantial higher revenue per
tonne leading to increased
margins
Williamson – Mining Overview
24
Granite Breccia
RVK
Bouma
Shale Island
BVK
PK
Geology
205m
LOM Pit Shell
Schematic showing cut-away geology
and planned open pit
N 1km
Williamson Kimberlite Pipe Schematic Expansion Plan – Key
Components
• Stockpile (due to pit shaping
activities) of ca. 900,000 t
(>50,000 cts)
• Enhanced rebuild of existing
plant (3 Mtpa) completed –
expected to be fully
operational April 2012
• Standby power now available
at site due to recent power
issues – Q3 FY 2012
• Longer term expansion plan
to enable a 10 Mtpa operation
and construction of new main
plant currently dependent
upon confirmation of secure
electricity supply from
Tanesco, normalisation of
rainfall and treatment results
following 6 to 9 month
production period using
rebuilt 3 Mtpa plant– New
timing tbc
Koffiefontein – Mining Overview
25
Koffiefontein Kimberlite Pipe Schematic Expansion Plan – Key
Components
• Installing new sub-level
cave at 560m to 600m
Level – FY 2013
• Installing new block
cave at 690m Level –
FY 2016
• Tailings programme
now ramped up with
Petra processing +0.5
Mtpa
Kimberley Underground – Mining Overview
26
4.5 ha @ 870m Level
0.5 ha @ 845m Level
3.5 ha @ 995m Level
Kimberley Underground Kimberlite Pipes Schematic Expansion Plan – Key
Components
• Temporary mobile pan plant
put in place at Wesselton –
Q2 FY 2012
• Introduction of scrubber
and apron feeder to Joint
Shaft plant expected to
address bottleneck – Q3
FY 2012
• Construction and
commissioning of main
plant (40,000 tpm) at
Wesselton – Q4 FY 2012
• Underground development
– FY 2012 onwards
• Sampling programme
underway to extend mine
life – FY 2012 onwards
Capex Profile (as published Sep 2011; an updated profile will be published later this year)
27
Financial Year 2012 2013 2014 2015 2016 2017 2018 2019
Operation Area Finsch Existing Block 4 (630 meter Level)
- Block 4 pillars
- SLC Block 4 precursor
- SLC 770 meter Level
- Block 5 880 meter Level Development tonnes
ROM Tonnes (Mt) 2.2 3.2 3.2 3.2 3.5 3.5 3.5 3.5
Tailings Tonnes (Mt) 1.6 2.8 3.5 3.5 3.5 3.0 3.0 3.0
Expansion Capex (US$m) 34.2 107.8 110.4 65.4 29.9 - - -
Stay-in-business Capex (US$m) 4.7 6.6 6.9 6.9 7.1 6.8 6.8 6.9 Cullinan ROM Tonnes (Mt) 2.4 2.4 2.4 2.6 2.6 2.8 3.2 4.0 Tailings Tonnes (Mt) 1.0 3.0 4.0 4.0 4.0 4.0 4.0 4.0 Expansion Capex (US$m) 60.9 78.5 74.8 52.6 20.7 19.0 19.0 19.0 Stay-in-business Capex (US$m) 4.2 8.6 6.9 7.0 6.1 6.1 6.1 6.3 Williamson ROM Tonnes (Mt) 0.9 5.1 10.0 10.0 10.0 10.0 10.0 10.0 Expansion Capex (US$m) 45.9 35.3 - - - - - - Stay-in-business Capex (US$m) 4.3 6.2 6.5 6.2 5.9 5.6 5.3 5.0 Koffiefontein ROM Tonnes (Mt) 0.6 0.8 1.0 1.1 1.2 1.2 1.2 1.2 Tailings Tonnes (Mt) 0.9 0.9 0.7 0.6 0.5 0.5 0.5 0.5 Expansion Capex (US$m) 7.5 8.5 9.2 5.9 8.9 - - - Stay-in-business Capex (US$m) 4.0 4.2 4.3 2.8 2.6 2.5 2.5 2.4 Kimberley U/G ROM Tonnes (Mt) 1.1 1.2 1.0 1.0 1.0 1.0 1.0 1.0 Expansion Capex (US$m) 17.9 9.6 7.4 - - - - - Stay-in-business Capex (US$m) 3.0 2.9 2.4 2.4 2.3 2.3 2.2 1.7 Fissures ROM Tonnes (Mt) 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.3 Tailings Tonnes (Mt) - - - - - - - - Expansion Capex (US$m) - - - - - - - - Stay-in-business Capex (US$m) 2.1 2.1 2.1 2.0 1.9 1.9 1.9 1.8 Petra Diamonds (Gross)
ROM Tonnes (Mt) 7.4 12.9 17.9 18.2 18.6 18.8 19.2 20.0
Expansion Capex (US$m) 166.5 239.7 201.7 123.9 59.5 19.0 19.0 19.0
Stay-in-business Capex (US$m) 22.3 30.6 29.1 27.2 25.9 25.2 24.9 24.1 1. All monetary values stated in 2011 money terms; ZAR:USD rate used: R6.75
Sustainability – Our Commitment
Cullinan Agricultural Hub
Mwadui Primary School – owned and operated by Williamson and provides free education to 460 learners
The Williamson Nursery, with the capacity to raise 500,000 seedlings annually
Portable skills workshop at Koffiefontein – Boiler making
Conservation work at Cullinan including Rhino de-horning