trending Market Intelligence /marketintelligence/en/news-insights/trending/g381gRgW2tciH9gv9NtwhQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Amulet Diamond nixes acquisition of Botswana assets from Firestone Diamonds

Blog

Global M&A Infographic Q1 2021

Blog

COVID-19 Impact & Recovery: Private Equity

Blog

Lithium prices rally cobalt prices correct

Blog

COVID-19 Impact & Recovery: Investment Banking


Amulet Diamond nixes acquisition of Botswana assets from Firestone Diamonds

Firestone Diamonds PLC said Dec. 18 that Amulet Diamond Corp. will not exercise an option to acquire the former's assets in Botswana through the acquisition of a 90% stake in subsidiaries Firestone Diamonds (Botswana) Pty. Ltd. and Monak Ventures Pty. Ltd.

The proposed conditional deal, valued at US$5.1 million, would have included Firestone Diamonds' interest in the BK11 diamond mine.

Despite the move, Firestone Diamonds said it remains in active discussions with Amulet Diamond on the sale of the assets.