CAPITAL MARKETS

Majestic finalises SA diamond acquisition

MAJESTIC Resources has finalised the acquisition of two hard rock diamond mines in South Africa on better terms than the original deal, the company said.

Michael Quinn
Majestic finalises SA diamond acquisition

According to Majestic managing director Charles Mostert, the consideration of $33.7 million is slightly up on the original deal. However this is balanced by the reduced cash consideration and the company...

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