
[miningmx.com] — PETRA Diamonds announced Monday it has increased its effective interest in its Koffiefontein mine from 70% to 74%.
The additional 4% interest in Koffiefontein was acquired from the shareholders of Re-Teng Diamonds, Petra’s black economic empowerment partners at Koffiefontein.
The interests in Koffiefontein are now Petra 74% and its BEE partners 26%.