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Acquisition of Kimberley Underground Mines.
M2 Presswire
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September 14, 2007
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COPYRIGHT 2007 M2 Communications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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M2 PRESSWIRE-14 September 2007-Petra Diamonds Limited: Acquisition of Kimberley Underground Mines(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:14092007
Petra Diamonds Limited ("Petra" or "the Company") announces that it has entered into a conditional agreement ("the Agreement") with De Beers Consolidated Mines Limited ("De Beers") to acquire the mining and associated assets ("Assets") previously used by De Beers in the operation of the Kimberley Underground diamond mines ("Kimberley Underground"), which are situated near Kimberley, South Africa.
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