SPDR STOXX Europe 600 SRI UCITS ETF Accumulating (600X)

Overview

Petra Diamonds Limited is an investment holding firm with specialized operations in the diamond mining sector. Established in 1997 and headquartered in London, the United Kingdom, the company has carved out a significant niche in the global diamond industry. Petra Diamonds is actively involved in the exploration, mining, processing, and selling of rough diamonds, primarily operating within South Africa and Tanzania. These regions are known for their rich diamond deposits and contribute significantly to the global diamond supply. The company not only focuses on the extraction and sale of rough diamonds but also extends its services to include treasury, beneficiation, and various other related services, thereby encapsulating a broad spectrum of the diamond value chain.

Products and Services

• Mining and Processing of Rough Diamonds:

Petra Diamonds specializes in the extraction and processing of rough diamonds. Through its mining operations located in South Africa and Tanzania, the company harnesses the rich diamond deposits of these regions, ensuring a steady supply of rough diamonds. These operations are crucial for the global diamond market, providing the raw materials necessary for further refinement and shaping into the finished diamond products sought after by consumers worldwide.

• Sorting and Sale of Rough Diamonds:

The company is also involved in the sorting and sale of rough diamonds. This involves categorizing diamonds based on various characteristics such as size, shape, quality, and color. Once sorted, these diamonds are then sold through various channels, catering to the demands of jewelers, diamond traders, and other stakeholders in the diamond industry. This segment of Petra Diamonds' operations ensures that the right diamonds reach the appropriate markets, optimizing their value and utility in the diamond supply chain.

• Treasury and Beneficiation Services:

In addition to its core mining activities, Petra Diamonds provides treasury services that help in managing the financial aspects of diamond mining and sales. Beneficiation services, on the other hand, focus on adding value to rough diamonds through processes such as cutting, polishing, and certification before they enter the consumer market. These services are vital for enhancing the market value of diamonds and ensuring they meet the stringent quality standards demanded by global markets.