Petra Sells Mothballed Mine to Stargems idexonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idexonline.com Daily Mail and Mail on Sunday newspapers.
Stargems Group, based in Dubai, has acquired the Koffiefontein diamond mine in South Africa from Petra Diamonds, marking its third such acquisition in the country
Dubai’s Stargems Group has acquired two South African mines in an effort to expand its presence across the diamond supply chain.The diamond-sourcing and supply company recently purchased Jagersfontein Holdings, which runs a site dedicated to processing old tailings and was one of the first.
The Competition Commission of South Africa (CCSA) held its ordinary meeting on Tuesday 29 March 2022, to review and take decisions on matters brought before the Commission by members of the public and corporate applicants, in terms of the Competition Act (89 of 1998) as amended. These matters include, but are not limited to complaints, mergers and acquisitions.