De Beers acquires Peregrine Diamonds

by Derek Neary - July 19, 2018

  Peregrine Diamonds, with its advancing Chidliak diamond project 120 km from Iqaluit, is now property of global mining giant De Beers. News of the acquisition came Thursday morning. De Beers is paying $107 million in cash for Peregrine’s assets. “This offer is the result of a comprehensive review process of our options to advance…

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