
Petra Diamonds is to buy De Beers' major Finsch Diamond Mine as a going concern for a consideration of R1.425 billion (approximately US$ 210 million) in cash.
With production up by 64% to 935 553 ct for the six months ended December 31, LSE-listed Petra Diamonds on Wednesday said it was on track to achieve two-million carats output during 2012.
Petra Diamonds Limited announces that its shares will today be admitted, with a premium listing, to the Official List of the United Kingdom Listing Authority ("UKLA") and to trading on the London Stock Exchange's Main Market ("Main Market") (together, "Admission"). Dealings in the Company's ordinary shares will commence on the Main Market today at 8.00 a.m. GMT and cancellation of trading in the ordinary shares on AIM will take place simultaneously.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.