CAPITAL MARKETS

BHP sells first Canadian diamond project

DIVESTMENT of BHP Billiton’s diamond arm has started following the $C9 million ($A8.7 million) sale of its stake in the Chidliak exploration property in Canada to project partner Peregrine Diamonds.

MiningNews.Net
BHP sells first Canadian diamond project

In the meantime, the world's largest miner said it was continuing to review offers for its Ekati mine. Under the deal, Peregrine will pay BHP the funds for its 51% stake in the exploration property,...

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