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Troubled DiamondCorp secures repayment standstill

By:  
Creamer Media Editor
 
DIAMONDS – 2
Troubled diamond mining company DiamondCorp is being given a repayment breather by South Africa’s State-owned Industrial Development Corporation (IDC). The JSE-listed company, headed by CEO Paul Loudon, said on Monday that the IDC had agreed a loan repayment standstill until the completion of the business rescue process.
 
 
 
 
 

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