M&A

Gem fails to offload Ghaghoo

Sale talks come to an end with potential Ghaghoo buyer

Staff reporter
Ghaghoo, in Botswana, has been on care and maintenance since March

Ghaghoo, in Botswana, has been on care and maintenance since March

The company may have recovered several plus-100 carat sparklers from its 70%-owned Letšeng mine in Lesotho this year, but Ghaghoo remains a drag on its balance sheet.     Back in August, the...

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