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.
The Wall Street Journal is reporting that Leighton Holdings Ltd., and two joint venture partners, have obtained a contract worth $586 million, to last 66 months, at one of the richest diamond mines in Botswana.
Leighton, which has 60% of the contract, said the joint venture involving Basil Read Mining and Bothakga Burrow of Botswana would provide services including mine scheduling, drill and blast, truck and shovel waste removal and limited ore mining.
