CAPITAL MARKETS

Dwyka to take control of South African diamond producer

RECENTLY listed alluvial diamond explorer Dwyka Diamonds said today it has signed a heads of agreement to acquire up to 51% of Diamix, a South African gem-quality diamond producer.

Greg Tubby

The market has been anticipating some good news from Dwyka, sending its share price steadily north in recent weeks from 25c at the end of March to 38c at today's close after touching a record high of 39.5c....

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