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Raising to leave Kimberley Diamond debt free

KIMBERLEY Diamond Co has raised $15.8 million to discharge all debts associated with its Ellendal...

James Hamilton

The $15.8 million raising comes via the placement of 11.7 million shares at $1.35 each to clients of Southern Cross Equities. Kimberley owes Argyle Diamond Mines/Rio Tinto a final $10 million as part...

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