De Beers completes sale of Kimberley Mines

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De Beers Consolidated Mines (DBCM) has announced that it has completed the sale of Kimberley Mines to Ekapa Minerals (Pty) Limited.

Ekapa Minerals (Pty) Limited is an investor consortium comprising Ekapa Mining (Pty) (50.1%) and Petra Diamonds Limited (49.9%).

The sale includes all assets and the tailings mineral resource.

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De Beers initially placed the Kimberly Mine on the market in May 2015.

The mine was De Beers’ second largest producer in South Africa with production in 2014 of 722,000 carats.

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