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Petra Diamonds Ltd - London-based diamond miner focused on South Africa and Tanzania - On Thursday confirms no fatalities or serious injuries at Tailings Storage facility wall breach at Williamson in Tanzania. Says three injuries of a minor nature have been reported and appropriate treatment has been provided. "The cause of the breach is not yet confirmed and an investigation is underway", Petra says.
"A total of 13 dwellings have been affected and the emergency response teams’ immediate priority has been to provide accommodation and humanitarian aid to those affected", Petro notes. Says Williamson Diamonds Ltd is working closely and collaboratively with authorities to "assess the environmental damage and to put in place and implement remediation plans as soon as possible".
Petra currently has a 75% shareholding in Williamson Diamonds, with the government of Tanzania owning the remaining 25%.
Current stock price: 99.50 pence
12-month change: up 31%
By Xindi Wei; xindiwei@alliancenews.com
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