De Beers puts South Africa’s Voorspoed mine up for sale

De Beers, the world’s largest rough diamond producer by value, has put its South African Voorspoed diamond mine on the chopping block

The Anglo American unit, which is currently spending $2 billion on the Venetia underground diamond mining project in Limpopo, says the move paves the way for a lower-cost operator to take Voorspoed beyond 2020, when it is scheduled to close.

More to come…

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