M&A

Petra picks up De Beers mine

PETRA Diamonds has added to its suite of South African diamond mines following an agreement to formally acquire the Koffiefontein operation from De Beers for £6 million ($A15 million) worth of assumed rehabilitation obligations and £138,700 in cash.

MiningNews.Net
Petra picks up De Beers mine

AIM-listed Petra - which earlier this month announced it would cancel its secondary listing on the Australian Stock Exchange - said it would begin production at Koffiefontein as soon as a new mining right...

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