creating a gem of a mining company

Top diamond producer De Beers and the government will form a black-controlled diamond mining company. It will combine state mining group Alexkor's assets and the Namaqualand mine unit owned by De Beers. As part of the creation of the new firm, De Beers will issue a 20percent stake in Namaqualand Mines to South Africa's mining ministry. - Reuters

Top diamond producer De Beers and the government will form a black-controlled diamond mining company. It will combine state mining group Alexkor's assets and the Namaqualand mine unit owned by De Beers. As part of the creation of the new firm, De Beers will issue a 20percent stake in Namaqualand Mines to South Africa's mining ministry. - Reuters

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