Star Diamond acquires Buffalo Hills project in Alberta
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
De Beers Consolidated Mines (“DBCM”) today announced that it has entered into an agreement to sell Namaqualand Mines to Trans Hex in a transaction valued at R225 million.
The agreement to sell the mine to Trans Hex follows an open and rigorous selection process that evaluated prospective bidders on a number of criteria determined by DBCM as critical to ensuring the long-term sustainability of Namaqualand Mines community.