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Petra seals Angolan deal with BHPB

BHP BILLITON and AIM-listed junior Petra Diamonds have agreed joint venture terms for the Alto Cu...

Sarah Belfield Belfield

BHPB may acquire up to 75% of shares in the Alto Cuilo joint venture company set up by Petra, by investing up to US$60 million. The minimum threshold set for BHPB is US$7.5 million. Once this amount...

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