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All Africa (Free subscription) | 7 hours ago
As was anticipated, the deal between the government of Tanzania and a diamond mining giant De Beers to enter into a contract of selling its shares in Williamson Diamonds Ltd (WDL) to the UK Petra Diamonds Ltd (Petra) has hit a hitch.
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KULIKONI UGHAIBUNI (Free subscription) | 04/10/2008
By Mwanamkasi Jumbe and Michael Kimaro An investment row is simmering between the Government and South Africa's mining giant, De Beers, over the ownership of Williamson Diamond mine in Mwadui, Shinyanga Region. Energy and Minerals minister William Ngeleja yesterday denounced De Beer's reported sale of its 75 per cent shares at the mine to Petra Diamonds Limited. The denunciation at a...
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All Africa (Free subscription) | 03/10/2008
It now nearly a month since Petra Diamonds Limited (Petra) - a mining company with operations in South Africa, Angola, Botswana, and Sierra Leone - announced that it had acquired a 75 per cent stake in Williamson Diamonds Limited (WDL) at Mwadui.
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All Africa (Free subscription) | 03/10/2008
Tanzania: Govt Rejects Mwadui AcquisitionMwanamkasi Jumbe And Michael KimaroAn investment row is simmering between the Government and South Africa's mining giant, De Beers, over the ownership of Williamson Diamond mine in Mwadui, Shinyanga Region.Energy and Minerals minister William Ngeleja yesterday denounced De Beer's reported sale of its 75 per cent shares at the mine to Petra Diamonds Limited.The...