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Crown gets Dancarl financing

CROWN Diamonds’ acquisition of the Dancarl diamond mine in South Africa is to be financed by a $6.6 million facility provided by ABN Amro.

Michael Quinn
Crown gets Dancarl financing

Crown and two so-called Black Economic Empowerment companies (Sedibeng and Women in Mining) bought the mine last month from De Beers. Crown has a 40% stake, Sedibeng has 42% and Women in Mining 18%. ...

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