De Beers sells Cullinan mine - JB News Feed

Johannesburg, South Africa—De Beers Consolidated Mines (DBCM) has sold its diamond mine in Cullinan, South Africa, to a group of companies calling themselves the Petra Diamonds Cullinan Consortium (PDCC) for $141.7 million.

The consortium is composed of Petra Diamonds Ltd., the Saudi-based investment company Al Rajhi Holdings WLL and Thembinkosi Mining Investments (Pty) Ltd.

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Posted by Posted by Jewelry News at Wednesday, November 28, 2007 8:32 AM
Categories: Diamond Industry News, De Beers
 

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