Petra Diamonds Chairman Adonis Pouroulis

FM reported a profile on Adonis Pouroulis, the chairman of Petra Diamonds (LSE:PDL).

As quoted in the market news:

Petra Diamonds was too small and risky to attract SA investors in 1997, when chairman Adonis Pouroulis was looking for funds. So he listed it on London’s alternative investment market rather than the JSE.

Two weeks ago the company defied global recessionary conditions to graduate to London’s main board with a market capitalisation of £571,2m (R7,4bn). In the past decade Petra has grown from having one small alluvial diamond mine near Port Nolloth on SA’s west coast and some exploration licences in northeastern Angola into a midsized mining group with eight mines producing over a million carats a year.

Click here to read the full FM report.