EXPLORATION & DEVELOPMENT

De Beers sells another Brazilian asset

CANADIAN diamond outfit Brazilian Diamonds has acquired De Beers entire diamond exploration database covering the Serra da Canastra region of Brazil for a total consideration of C$2 million in cash and shares.

Rebecca Keenan
De Beers sells another Brazilian asset

The database complements a database Brazilian Diamonds previously acquired as a result of purchasing De Beers’ Brazilian subsidiary Mineraco do Sul in August of 2002. The Serra da Canastra database covers...

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