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Majestic to pay US$15 million for South African mines

MAJESTIC Resources has agreed to pay US$15 million for the Messina and Star kimberlite fissure mi...

Michael Quinn

The deal replaces the previous option over the Messina mine and will see Majestic acquire combined annual production of around 40,000 carats per annum - Messina 25,000ct and Star 15,500ct. However, the...

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