Petra to acquire mine from De Beers

PETRA Diamonds says it is in “advanced and exclusive” talks to acquire De Beers’ loss-making Koffiefontein mine in South Africa, with a formal sale agreement set to be signed in the near future.

Petra to acquire mine from De Beers Petra to acquire mine from De Beers Petra to acquire mine from De Beers Petra to acquire mine from De Beers Petra to acquire mine from De Beers

Petra could give a second life to the 136-year-old mine, which De Beers earlier this year announced would be closed following four years operating at a significant loss.

topics

loader