De Beers Completes Sale of Kimberley Mines

De Beers LogoGaborone: De Beers Consolidated Mines (DBCM) announces that it has completed the sale of Kimberley Mines (all assets, including the tailings mineral resource) to Ekapa Minerals (Pty) Limited – an investor consortium comprising Ekapa Mining (Pty) (50.1%) and Petra Diamonds Limited (49.9%), according to a press statement issued by the Company.

When it first announced it was selling the mine, De Beers received more than 70 expressions of interest. The company was impressed with Ekapa Minerals, not just for its technical expertise in tailings mineral resources, but its ongoing commitment to the Kimberley region.

De Beers Consolidated Mines continues to operate two other diamond mines in South Africa, namely Voorspoed Mine in Kroonstad and Venetia Mine in the Limpopo Province.